Short Interest in Entrée Resources Ltd. (OTCMKTS:ERLFF) Increases By 26.9%

Entrée Resources Ltd. (OTCMKTS:ERLFF) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 39,600 shares, a growth of 26.9% from the March 31st total of 31,200 shares. Based on an average daily trading volume, of 60,800 shares, the short-interest ratio is presently 0.7 days.

Entrée Resources Stock Performance

Shares of OTCMKTS:ERLFF traded up $0.03 during mid-day trading on Tuesday, hitting $1.14. 16,893 shares of the company traded hands, compared to its average volume of 21,919. The firm’s 50 day simple moving average is $1.03 and its 200 day simple moving average is $0.95. Entrée Resources has a 52-week low of $0.83 and a 52-week high of $1.18.

Entrée Resources (OTCMKTS:ERLFF) last announced its earnings results on Friday, March 8th. The company reported ($0.02) 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.