Short Interest in Gold Reserve Inc. (OTCMKTS:GDRZF) Drops By 36.2%

Key Points

• Short interest fell 36.2% in March to 26,813 shares (from 42,028 on Mar 15), resulting in a short-interest ratio of just 0.1 days based on average daily volume — signaling very low short exposure.
• Shares opened at $4.17 with a 50‑day/200‑day SMA of $4.05/$2.75 and a 52‑week range of $1.15–$5.60; the company has a $415.12M market cap, reported a quarterly loss of $0.10 per share (P/E -13.90), and its main asset is the Brisas gold‑copper project in Venezuela.

Gold Reserve Inc. (OTCMKTS:GDRZF - Get Free Report) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 26,813 shares, a decrease of 36.2% from the March 15th total of 42,028 shares. Based on an average daily volume of 263,773 shares, the short-interest ratio is presently 0.1 days.

Gold Reserve Trading Down 3.0%

Shares of OTCMKTS GDRZF opened at $4.17 on Tuesday. The stock has a fifty day simple moving average of $4.05 and a two-hundred day simple moving average of $2.75. Gold Reserve has a 1-year low of $1.15 and a 1-year high of $5.60. The firm has a market cap of $415.12 million and a price-to-earnings ratio of -13.90.

Gold Reserve (OTCMKTS:GDRZF - Get Free Report) last announced its quarterly earnings data on Thursday, March 19th. The company reported ($0.10) earnings per share for the quarter.

About Gold Reserve

Gold Reserve Inc is a mineral exploration and development company incorporated in Nevada with executive offices in Vancouver, British Columbia, and Littleton, Colorado. The company focuses on the acquisition, exploration and development of precious and base metal deposits, primarily in South America. Gold Reserve’s corporate strategy centers on advancing its flagship mining interests toward production while managing the legal and regulatory framework surrounding its assets.

The company’s main asset is the Brisas Project, a former gold‐copper porphyry deposit located in Bolívar State, Venezuela.

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