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

Silver Bull Resources, Inc. (OTCMKTS:SVBL) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 27,700 shares, a growth of 84.7% from the February 13th total of 15,000 shares. Based on an average daily volume of 47,100 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the company’s shares are short sold.

Silver Bull Resources Stock Performance

Shares of OTCMKTS:SVBL traded up $0.00 during trading on Friday, reaching $0.10. 1,438 shares of the company traded hands, compared to its average volume of 23,231. Silver Bull Resources has a 52-week low of $0.06 and a 52-week high of $0.16. The business’s fifty day moving average is $0.10 and its 200-day moving average is $0.10.

About Silver Bull Resources

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.