What’s in SILVER BULL RESOURCES INC (OTCMKTS:SVBL) After Rise in Shorted Shares?

April 17, 2018 - By Marry Poplack

The stock of SILVER BULL RESOURCES INC (OTCMKTS:SVBL) registered an increase of 56.11% in short interest. SVBL’s total short interest was 49,800 shares in April as published by FINRA. Its up 56.11% from 31,900 shares, reported previously. With 742,100 shares average volume, it will take short sellers 0 days to cover their SVBL’s short positions. The short interest to SILVER BULL RESOURCES INC’s float is 0.03%.

The stock decreased 0.30% or $0.00052 during the last trading session, reaching $0.17222. About 125,731 shares traded. Silver Bull Resources, Inc. (OTCMKTS:SVBL) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Silver Bull Resources, Inc., an exploration stage company, acquires, develops, and explores for mineral properties in Mexico, Canada, and Gabon. The company has market cap of $34.59 million. It explores for silver, zinc, lead, copper, and other metal deposits. It currently has negative earnings. The company's principal project is the Sierra Mojada property that comprises 20 concessions consisting of 4,715 hectares in Coahuila, Mexico.

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