Short Interest in Silver Bull Resources, Inc. (OTCMKTS:SVBL) Increases By 108.3%

Silver Bull Resources, Inc. (OTCMKTS:SVBL) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 19,307 shares, an increase of 108.3% from the April 30th total of 9,270 shares. Based on an average daily trading volume, of 97,305 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Silver Bull Resources Stock Performance

Silver Bull Resources stock opened at $0.13 on Wednesday. The firm has a market capitalization of $5.98 million, a PE ratio of -0.47 and a beta of 1.78. Silver Bull Resources has a one year low of $0.05 and a one year high of $0.61. The stock’s 50 day moving average price is $0.33 and its 200 day moving average price is $0.27.

Silver Bull Resources Company Profile

Silver Bull Resources Inc is a mineral exploration and development company focused on silver and associated base metals. The company’s core asset is the Sierra Mojada project, an advanced‐stage silver–lead–zinc deposit located in Coahuila State, Mexico. Sierra Mojada hosts both high‐grade massive sulphide zones and broader, lower‐grade mineralization, making it one of the largest undeveloped silver resources in North America.

At Sierra Mojada, Silver Bull has completed extensive drilling programs and preliminary economic studies under Canadian National Instrument 43-101 standards.