Silver Bull Resources, Inc. (OTCMKTS:SVBL) Short Interest Up 295.1% in December

Silver Bull Resources, Inc. (OTCMKTS:SVBL) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 16,200 shares, an increase of 295.1% from the December 15th total of 4,100 shares. Based on an average daily trading volume, of 53,600 shares, the days-to-cover ratio is currently 0.3 days.

Silver Bull Resources Price Performance

Shares of OTCMKTS:SVBL traded up $0.01 during trading on Monday, reaching $0.09. 1,375 shares of the stock were exchanged, compared to its average volume of 64,892. The stock has a fifty day moving average of $0.09 and a two-hundred day moving average of $0.10. Silver Bull Resources has a 1-year low of $0.06 and a 1-year high of $0.14.

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.