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

Entrée Resources Ltd. (OTCMKTS:ERLFF) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 29,300 shares, an increase of 21.1% from the February 28th total of 24,200 shares. Based on an average daily trading volume, of 43,700 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.0% of the shares of the company are short sold.

Entrée Resources Stock Up 0.7 %

Shares of ERLFF traded up $0.01 during mid-day trading on Wednesday, reaching $1.45. The company had a trading volume of 17,738 shares, compared to its average volume of 22,215. The stock has a market capitalization of $300.73 million, a P/E ratio of -29.00 and a beta of 0.99. Entrée Resources has a 52-week low of $0.90 and a 52-week high of $1.91. The stock has a 50 day moving average of $1.67 and a two-hundred day moving average of $1.61.

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

Entrée Resources Company Profile

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.