Short Interest in Silver Bull Resources, Inc. (OTCMKTS:SVBL) Declines By 37.1%

Silver Bull Resources, Inc. (OTCMKTS:SVBL) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 10,000 shares, a decrease of 37.1% from the March 15th total of 15,900 shares. Based on an average trading volume of 55,300 shares, the short-interest ratio is currently 0.2 days.

Shares of OTCMKTS SVBL opened at $0.78 on Friday. The firm has a market capitalization of $26.36 million, a P/E ratio of -9.78 and a beta of 0.49. The stock’s 50-day simple moving average is $0.78 and its two-hundred day simple moving average is $0.66. Silver Bull Resources has a twelve month low of $0.46 and a twelve month high of $0.90.

Silver Bull Resources (OTCMKTS:SVBL) last announced its quarterly earnings data on Friday, March 12th. The basic materials company reported ($0.03) EPS for the quarter.

About Silver Bull Resources

Silver Bull Resources, Inc, an exploration stage company, acquires, explores, and develops mineral properties in Mexico and Canada. The company primarily explores for silver and zinc deposits. Its principal project is the Sierra Mojada property comprising 20 concessions covering an area of 6,496 hectares located in Coahuila, Mexico.

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