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Entrée Resources Ltd. (OTCMKTS:ERLFF) Sees Significant Growth in Short Interest

Entrée Resources logo with Basic Materials background

Entrée Resources Ltd. (OTCMKTS:ERLFF - Get Free Report) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 62,200 shares, a growth of 93.8% from the September 30th total of 32,100 shares. Based on an average daily trading volume, of 33,900 shares, the short-interest ratio is presently 1.8 days.

Entrée Resources Price Performance

OTCMKTS ERLFF traded down $0.10 during mid-day trading on Monday, hitting $1.47. The company's stock had a trading volume of 27,840 shares, compared to its average volume of 17,068. Entrée Resources has a 52-week low of $0.84 and a 52-week high of $1.75. The stock's fifty day simple moving average is $1.36 and its two-hundred day simple moving average is $1.19. The firm has a market capitalization of $298.88 million, a P/E ratio of -31.40 and a beta of 1.13.

Entrée Resources (OTCMKTS:ERLFF - Get Free Report) last issued its quarterly earnings data on Wednesday, August 7th. The company reported ($0.01) earnings per share (EPS) for the quarter.

About Entrée Resources

(Get Free Report)

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.

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