Gold Road Resources Limited (OTCMKTS:ELKMF) Short Interest Update

Gold Road Resources Limited (OTCMKTS:ELKMF) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 345,300 shares, an increase of 121.1% from the March 15th total of 156,200 shares. Based on an average trading volume of 2,600 shares, the short-interest ratio is presently 132.8 days.

Gold Road Resources Price Performance

Shares of ELKMF traded up $0.10 during midday trading on Thursday, hitting $2.10. The company had a trading volume of 413 shares, compared to its average volume of 4,885. Gold Road Resources has a 52 week low of $0.99 and a 52 week high of $2.10. The company’s 50 day moving average price is $1.69 and its 200 day moving average price is $1.44.

About Gold Road Resources

Gold Road Resources Limited, together with its subsidiaries, engages in the exploration of gold properties in Western Australia. It owns 50% interest in the Gruyere gold mine located in north-east of Perth. The company was formerly known as Eleckra Mines Limited and changed its name to Gold Road Resources Limited in November 2010.