Entrée Resources Ltd. (OTCMKTS:ERLFF) Short Interest Up 45.2% in May

Entrée Resources Ltd. (OTCMKTS:ERLFF - Get Free Report) was the target of a large growth in short interest in May. As of May 15th, there was short interest totalling 39,500 shares, a growth of 45.2% from the April 30th total of 27,200 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 36,700 shares, the short-interest ratio is currently 1.1 days.

Entrée Resources Price Performance

Shares of Entrée Resources stock traded down $0.01 on Wednesday, reaching $1.64. The company had a trading volume of 2,300 shares, compared to its average volume of 20,667. The firm has a market cap of $340.35 million, a price-to-earnings ratio of -32.82 and a beta of 0.94. The firm's 50-day moving average price is $1.55 and its two-hundred day moving average price is $1.62. Entrée Resources has a 1 year low of $0.90 and a 1 year high of $1.91.

Entrée Resources (OTCMKTS:ERLFF - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported ($0.01) earnings per share (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.