Silver One Resources Inc. (OTCMKTS:SLVRF) Sees Significant Growth in Short Interest

Silver One Resources Inc. (OTCMKTS:SLVRF) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 210,700 shares, an increase of 560.5% from the March 31st total of 31,900 shares. Based on an average daily trading volume, of 1,368,100 shares, the days-to-cover ratio is currently 0.2 days.

Silver One Resources Price Performance

Shares of SLVRF traded down $0.00 during midday trading on Friday, reaching $0.21. The stock had a trading volume of 330,316 shares, compared to its average volume of 263,718. The company’s 50-day moving average is $0.17 and its 200 day moving average is $0.15. Silver One Resources has a 12-month low of $0.10 and a 12-month high of $0.31.

About Silver One Resources

Silver One Resources Inc, together with its subsidiary, engages in the acquisition, exploration, and development of mineral properties in the United States. The company explores for silver deposits. Its flagship project, the Candelaria Silver Mine project, located in central west Nevada; and holds 100% interest in Cherokee project located in Nevada, as well as in the Phoenix silver property located near Globe, Arizona.