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

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

Silver Elephant Mining Stock Down 12.7 %

OTCMKTS:SILEF traded down $0.05 during trading hours on Friday, hitting $0.33. 1,867 shares of the company were exchanged, compared to its average volume of 15,072. The company has a fifty day simple moving average of $0.36 and a 200 day simple moving average of $0.27. Silver Elephant Mining has a one year low of $0.00 and a one year high of $0.62.

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.