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

Silver One Resources Inc. (OTCMKTS:SLVRF) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 4,299 shares, a drop of 90.7% from the May 14th total of 46,376 shares. Based on an average daily volume of 253,077 shares, the days-to-cover ratio is presently 0.0 days.

Silver One Resources Trading Down 2.6%

OTCMKTS:SLVRF traded down $0.01 during mid-day trading on Tuesday, hitting $0.28. The stock had a trading volume of 315,921 shares, compared to its average volume of 495,765. The company has a 50 day simple moving average of $0.38 and a 200-day simple moving average of $0.42. Silver One Resources has a 52 week low of $0.17 and a 52 week high of $0.69.

About Silver One Resources

Silver One Resources Inc is a Canada?based mineral exploration and royalty company focused primarily on silver properties in the Americas. The company’s principal activities include the acquisition, exploration and development of high?potential silver projects, as well as the consolidation of silver?focused royalties. Silver One is publicly traded on the OTC Markets under the symbol SLVRF.

Silver One’s project portfolio spans key silver districts in North and South America. In Mexico, it holds a 100% interest in the San Marcial Silver Project in Sinaloa, where historical workings and near?surface oxide mineralization provide targets for rapid, low?cost drilling.