Entrée Resources Ltd. (OTCMKTS:ERLFF) Short Interest Update

Entrée Resources Ltd. (OTCMKTS:ERLFF) saw a significant growth in short interest in May. As of May 31st, there was short interest totalling 62,700 shares, a growth of 58.7% from the May 15th total of 39,500 shares. Based on an average daily trading volume, of 11,600 shares, the short-interest ratio is presently 5.4 days. Approximately 0.0% of the shares of the stock are sold short.

Entrée Resources Stock Performance

Shares of ERLFF traded down $0.00 during trading hours on Monday, reaching $1.48. The stock had a trading volume of 3,879 shares, compared to its average volume of 23,419. Entrée Resources has a 12 month low of $0.90 and a 12 month high of $1.91. The stock has a market capitalization of $306.02 million, a PE ratio of -29.51 and a beta of 0.84. The company’s 50-day moving average is $1.56 and its two-hundred day moving average is $1.63.

Entrée Resources (OTCMKTS:ERLFF) last announced its quarterly earnings results on Thursday, May 8th. The company reported ($0.01) EPS for the quarter.

About Entrée Resources

Entrée Resources Ltd., a mining company, engages in the exploration, evaluation, and development of mineral property interests in Canada. Its principal asset is the Entrée/Oyu Tolgoi joint venture property comprising Hugo North Extension copper-gold deposit and the Heruga copper-gold-molybdenum deposit located in Mongolia.