Silver Bull Resources, Inc. (OTCMKTS:SVBL) Sees Significant Decline in Short Interest

Silver Bull Resources, Inc. (OTCMKTS:SVBL) was the target of a large decrease in short interest in May. As of May 31st, there was short interest totalling 5,300 shares, a decrease of 78.7% from the May 15th total of 24,900 shares. Based on an average daily trading volume, of 42,600 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Silver Bull Resources Trading Down 2.1%

Shares of OTCMKTS SVBL opened at $0.19 on Friday. The firm’s 50-day simple moving average is $0.14 and its 200 day simple moving average is $0.11. Silver Bull Resources has a 12-month low of $0.06 and a 12-month high of $0.21.

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.