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

Silver One Resources Inc. (OTCMKTS:SLVRF) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 88,000 shares, a growth of 665.2% from the December 31st total of 11,500 shares. Based on an average daily trading volume, of 332,000 shares, the days-to-cover ratio is currently 0.3 days.

Silver One Resources Trading Down 2.9 %

Silver One Resources stock traded down $0.00 on Wednesday, hitting $0.13. The company’s stock had a trading volume of 245,572 shares, compared to its average volume of 110,898. The company has a fifty day moving average price of $0.14 and a 200-day moving average price of $0.18. Silver One Resources has a one year low of $0.10 and a one year high of $0.30.

Silver One Resources Company Profile

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.