Silver Tiger Metals Inc. (OTCMKTS:SLVTF) Stock Short Interest Drops 44.5%

Silver Tiger Metals Inc. (OTCMKTS:SLVTF) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 6,018,236 shares, a drop of 44.5% from the September 30th total of 10,850,617 shares. Based on an average daily volume of 515,019 shares, the days-to-cover ratio is presently 11.7 days.

Silver Tiger Metals Trading Down 1.5%

Shares of OTCMKTS SLVTF opened at $0.50 on Friday. Silver Tiger Metals has a 1 year low of $0.40 and a 1 year high of $1.04. The company has a 50-day moving average price of $0.66 and a 200-day moving average price of $0.64.

About Silver Tiger Metals

Silver Tiger Metals Inc is a Canadian mineral exploration and development company focused on advancing silver and gold projects. The company’s primary asset is the 100%-owned El Tigre Project in Sonora, Mexico, where it is evaluating the development of a silver-gold mining operation.

The El Tigre property is a historic mining district that produced silver and gold during the early 20th century. Silver Tiger is conducting exploration, resource definition, engineering, and development work aimed at expanding the project’s mineral resources and assessing potential open-pit and underground mining opportunities.

Silver Tiger Metals is headquartered in Canada and operates primarily in Mexico through its El Tigre project.