Silver Elephant Mining Corp. (OTCMKTS:SILEF) Short Interest Down 21.3% in December

Silver Elephant Mining Corp. (OTCMKTS:SILEF) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 116,100 shares, a drop of 21.3% from the November 30th total of 147,600 shares. Based on an average trading volume of 50,500 shares, the short-interest ratio is presently 2.3 days.

Silver Elephant Mining Price Performance

Shares of OTCMKTS SILEF traded down $0.00 during midday trading on Monday, reaching $0.25. 8,745 shares of the stock were exchanged, compared to its average volume of 18,715. The firm has a 50-day simple moving average of $0.34 and a two-hundred day simple moving average of $0.35. Silver Elephant Mining has a twelve month low of $0.01 and a twelve month high of $0.63.

About Silver Elephant Mining

Silver Elephant Mining Corp., a mineral exploration stage company, acquires, explores, and develops mineral and energy projects. The company explores for gold, nickel, silver, lead, zinc, iron, vanadium, titanium, and coal. Its flagship project is the Pulacayo project covering an area of 3,560 hectares located in Quijarro province, Bolivia.