Silver Bull Resources, Inc. (OTCMKTS:SVBL) Short Interest Update

Silver Bull Resources, Inc. (OTCMKTS:SVBL) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 6,000 shares, an increase of 130.8% from the February 29th total of 2,600 shares. Based on an average daily volume of 20,300 shares, the days-to-cover ratio is presently 0.3 days.

Silver Bull Resources Stock Performance

Shares of SVBL traded down $0.01 on Thursday, reaching $0.12. 17,250 shares of the company’s stock traded hands, compared to its average volume of 13,346. The stock’s 50 day simple moving average is $0.12 and its two-hundred day simple moving average is $0.10. Silver Bull Resources has a 52-week low of $0.06 and a 52-week high of $0.21.

Silver Bull Resources Company Profile

Silver Bull Resources, Inc, an exploration stage company, acquires, explores, and develops mineral properties in Mexico, Kazakhstan, and Canada. The company primarily explores for silver, lead, copper, and zinc deposits, as well as gold. Its principal project is the Sierra Mojada property comprising 20 concessions covering an area of 6,496 hectares located in Coahuila, Mexico.