Silver One Resources Inc. (OTCMKTS:SLVRF) Sees Significant Increase in Short Interest

Silver One Resources Inc. (OTCMKTS:SLVRF) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 88,000 shares, an increase of 665.2% from the December 31st total of 11,500 shares. Based on an average daily trading volume, of 332,000 shares, the short-interest ratio is currently 0.3 days.

Silver One Resources Stock Down 2.9 %

OTCMKTS SLVRF traded down $0.00 on Wednesday, hitting $0.13. 245,572 shares of the company were exchanged, compared to its average volume of 110,898. The firm has a 50 day moving average of $0.14 and a two-hundred day moving average of $0.18. Silver One Resources has a 1-year low of $0.10 and a 1-year high of $0.30.

Silver One Resources Company Profile

Silver One Resources Inc, together with its subsidiary, engages in the acquisition, exploration, and development of mineral properties in the United States. The company explores for silver deposits. Its flagship project, the Candelaria Silver Mine project, located in central west Nevada; and holds 100% interest in Cherokee project located in Nevada, as well as in the Phoenix silver property located near Globe, Arizona.