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

Silver Elephant Mining Corp. (OTCMKTS:SILEF) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 184,800 shares, a decline of 13.4% from the February 13th total of 213,500 shares. Based on an average daily volume of 24,400 shares, the days-to-cover ratio is presently 7.6 days.

Silver Elephant Mining Stock Performance

Silver Elephant Mining stock traded up $0.01 during mid-day trading on Wednesday, hitting $0.19. 32,654 shares of the company were exchanged, compared to its average volume of 26,978. The business’s 50 day simple moving average is $0.15 and its two-hundred day simple moving average is $0.28. Silver Elephant Mining has a 12-month low of $0.01 and a 12-month high of $0.63.

Silver Elephant Mining Company Profile

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.