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

Silver Bull Resources, Inc. (OTCMKTS:SVBL) was the target of a large increase in short interest in the month of 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 volume of 97,305 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Silver Bull Resources Stock Performance

OTCMKTS:SVBL opened at $0.59 on Monday. Silver Bull Resources has a 12 month low of $0.10 and a 12 month high of $0.61. The company has a market cap of $28.08 million, a PE ratio of -2.19 and a beta of 1.78. The company has a 50 day simple moving average of $0.33 and a two-hundred day simple moving average of $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.