Short Interest in Silver Bull Resources, Inc. (OTCMKTS:SVBL) Decreases By 71.1%

Silver Bull Resources, Inc. (OTCMKTS:SVBL – Get Rating) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totalling 2,600 shares, a decline of 71.1% from the April 30th total of 9,000 shares. Based on an average daily trading volume, of 9,800 shares, the short-interest ratio is presently 0.3 days.

Silver Bull Resources Stock Up 3.4 %

Silver Bull Resources stock traded up $0.01 during trading hours on Friday, hitting $0.15. The stock had a trading volume of 62,150 shares, compared to its average volume of 16,212. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $5.38 million, a P/E ratio of -1.61 and a beta of 0.70. Silver Bull Resources has a 12-month low of $0.09 and a 12-month high of $0.23. The stock’s 50-day moving average price is $0.16 and its 200-day moving average price is $0.15.

Silver Bull Resources (OTCMKTS:SVBL – Get Rating) last issued its earnings results on Friday, March 17th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter.

About Silver Bull Resources

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Silver Bull Resources, Inc is a mineral exploration company, which engages in the acquisition, exploration, and development of mineral properties. It operates through the Mexico, Kazakhstan, and Canada geographical segments. The company was founded by John Patrick Ryan on November 8, 1993 and is headquartered in Vancouver, Canada.