Gold Reserve Inc. (OTCMKTS:GDRZF) Stock Short Interest Report for October

Gold Reserve Inc. (OTCMKTS:GDRZF) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 5,439 shares, a decline of 50.8% from the September 30th total of 11,063 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 102,120 shares, the days-to-cover ratio is currently 0.1 days.

Gold Reserve Stock Down 3.4%

Shares of Gold Reserve stock traded down $0.14 during trading hours on Friday, reaching $4.00. The company’s stock had a trading volume of 33,609 shares. The stock’s fifty day simple moving average is $4.86 and its two-hundred day simple moving average is $4.49. Gold Reserve has a one year low of $1.15 and a one year high of $5.60.

Gold Reserve (OTCMKTS:GDRZF) last posted its earnings results on Thursday, August 13th. The company reported ($0.03) earnings per share for the quarter.

Gold Reserve Company Profile

Gold Reserve Inc is a mineral exploration and development company focused primarily on gold assets in Venezuela. The company’s principal project is the Brisas and Las Cristinas gold district in the state of Bolívar, an area known for its substantial mineral resources. Gold Reserve is not currently described as a broad-based producer; its activities center on advancing and protecting its interests in large-scale mining projects.

The Brisas project historically served as the company’s flagship development asset.