Silver Bull Resources, Inc. (OTCMKTS:SVBL) Sees Large Increase in Short Interest

Silver Bull Resources, Inc. (OTCMKTS:SVBL) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 25,400 shares, a growth of 370.4% from the March 31st total of 5,400 shares. Based on an average daily volume of 20,800 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.1% of the company’s shares are sold short.

Silver Bull Resources Price Performance

Shares of SVBL stock opened at $0.11 on Friday. The stock has a 50 day moving average price of $0.11 and a 200 day moving average price of $0.10. Silver Bull Resources has a 52-week low of $0.06 and a 52-week high of $0.16.

Silver Bull Resources Company Profile

Silver Bull Resources, Inc, an exploration stage company, acquires, explores, and develops mineral properties in Mexico, Kazakhstan, and Canada. The company primarily explores for silver, lead, copper, and zinc deposits, as well as gold. Its principal project is the Sierra Mojada property comprising 20 concessions covering an area of 6,496 hectares located in Coahuila, Mexico.