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

Silver Bull Resources, Inc. (OTCMKTS:SVBL) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 88,456 shares, an increase of 88.9% from the August 15th total of 46,820 shares. Based on an average daily trading volume, of 75,201 shares, the short-interest ratio is currently 1.2 days. Currently, 0.2% of the shares of the company are short sold.

Silver Bull Resources Stock Up 2.9%

SVBL traded up $0.00 during trading on Thursday, hitting $0.11. The company’s stock had a trading volume of 52,892 shares, compared to its average volume of 53,590. Silver Bull Resources has a one year low of $0.05 and a one year high of $0.61. The firm has a market cap of $5.32 million, a PE ratio of -0.40 and a beta of 1.92. The business’s 50 day simple moving average is $0.11 and its 200-day simple moving average is $0.20.

About Silver Bull Resources

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.