Short Interest in Silver Bull Resources, Inc. (OTCMKTS:SVBL) Grows By 280.5%

Silver Bull Resources, Inc. (OTCMKTS:SVBL) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 15,600 shares, an increase of 280.5% from the October 15th total of 4,100 shares. Based on an average daily volume of 35,800 shares, the short-interest ratio is presently 0.4 days.

Silver Bull Resources Price Performance

OTCMKTS SVBL traded up $0.00 during trading on Tuesday, hitting $0.09. 171,195 shares of the company’s stock traded hands, compared to its average volume of 21,767. The business has a 50 day moving average of $0.10 and a 200-day moving average of $0.10. Silver Bull Resources has a 12-month low of $0.07 and a 12-month high of $0.14.

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.