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

Silver Bull Resources, Inc. (OTCMKTS:SVBL) was the target of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 2,900 shares, a decrease of 81.4% from the October 31st total of 15,600 shares. Based on an average trading volume of 56,100 shares, the days-to-cover ratio is presently 0.1 days.

Silver Bull Resources Stock Performance

Shares of OTCMKTS SVBL remained flat at $0.10 during mid-day trading on Wednesday. 150,769 shares of the stock were exchanged, compared to its average volume of 21,741. Silver Bull Resources has a 52 week low of $0.07 and a 52 week high of $0.14. The stock has a 50 day moving average of $0.09 and a 200 day moving average of $0.10.

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.