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

Silver One Resources Inc. (OTCMKTS:SLVRF) saw a large drop in short interest during the month of August. As of August 15th, there was short interest totalling 100 shares, a drop of 99.5% from the July 31st total of 19,200 shares. Based on an average daily trading volume, of 526,800 shares, the days-to-cover ratio is currently 0.0 days.

Silver One Resources Stock Performance

Silver One Resources stock opened at $0.19 on Wednesday. The firm’s 50-day moving average is $0.18 and its 200-day moving average is $0.18. Silver One Resources has a 1 year low of $0.10 and a 1 year high of $0.30.

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.