Entrée Resources Ltd. (OTCMKTS:ERLFF) Short Interest Up 21.1% in March

Entrée Resources Ltd. (OTCMKTS:ERLFF) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 29,300 shares, a growth of 21.1% from the February 28th total of 24,200 shares. Based on an average daily trading volume, of 43,700 shares, the short-interest ratio is presently 0.7 days. Currently, 0.0% of the company’s stock are sold short.

Entrée Resources Stock Performance

ERLFF stock traded up $0.01 during midday trading on Wednesday, reaching $1.45. The stock had a trading volume of 17,738 shares, compared to its average volume of 22,215. The firm has a fifty day simple moving average of $1.67 and a two-hundred day simple moving average of $1.61. Entrée Resources has a 52-week low of $0.90 and a 52-week high of $1.91. The stock has a market cap of $300.73 million, a PE ratio of -29.00 and a beta of 0.99.

Entrée Resources (OTCMKTS:ERLFF) last announced its quarterly earnings data on Wednesday, March 12th. The company reported ($0.04) 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.