Silver Lake Resources Limited (OTCMKTS:SVLKF) Short Interest Update

Silver Lake Resources Limited (OTCMKTS:SVLKF) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 156,400 shares, a growth of 710.4% from the December 15th total of 19,300 shares. Based on an average trading volume of 3,900 shares, the days-to-cover ratio is currently 40.1 days.

Shares of SVLKF stock traded down $0.01 during trading hours on Wednesday, reaching $1.38. 810 shares of the company’s stock were exchanged, compared to its average volume of 7,471. The business’s 50 day simple moving average is $1.38. Silver Lake Resources has a 1 year low of $0.52 and a 1 year high of $1.98.

Silver Lake Resources Company Profile

Silver Lake Resources Limited, together with its subsidiaries, engages in the exploration and production of gold and copper deposits in Australia. The company holds interests in six mines and two processing facilities across its Deflector operations located in the Southern Murchison region of Western Australia; and Mount Monger operations situated within the Kalgoorlie terrane subdivision of the Eastern Goldfields province.

Further Reading: What is a Futures Contract?

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