Silver Elephant Mining Corp. (OTCMKTS:SILEF) Sees Large Drop in Short Interest

Silver Elephant Mining Corp. (OTCMKTS:SILEF) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totalling 101,400 shares, a decline of 25.7% from the June 30th total of 136,500 shares. Based on an average trading volume of 22,600 shares, the short-interest ratio is currently 4.5 days.

Silver Elephant Mining Price Performance

OTCMKTS SILEF traded down $0.05 during mid-day trading on Friday, reaching $0.33. The stock had a trading volume of 1,867 shares, compared to its average volume of 15,072. Silver Elephant Mining has a 1 year low of $0.00 and a 1 year high of $0.62. The company has a fifty day moving average price of $0.36 and a 200 day moving average price of $0.27.

About Silver Elephant Mining

Silver Elephant Mining Corp., a mineral exploration stage company, acquires, explores, and develops mineral and energy projects. The company explores for gold, nickel, silver, lead, zinc, iron, vanadium, titanium, and coal. Its flagship project is the Pulacayo project covering an area of 3,560 hectares located in Quijarro province, Bolivia.