Silver Elephant Mining Corp. (OTCMKTS:SILEF) Short Interest Update

Silver Elephant Mining Corp. (OTCMKTS:SILEF) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 24,566 shares, a growth of 83.1% from the June 30th total of 13,420 shares. Based on an average daily trading volume, of 66,538 shares, the short-interest ratio is presently 0.4 days.

Silver Elephant Mining Stock Performance

OTCMKTS:SILEF remained flat at $0.09 during midday trading on Friday. 60,960 shares of the company traded hands, compared to its average volume of 60,560. Silver Elephant Mining has a one year low of $0.08 and a one year high of $0.31. The stock has a 50-day simple moving average of $0.09 and a two-hundred day simple moving average of $0.14.

About Silver Elephant Mining

Silver Elephant Mining Corp. (OTCMKTS:SILEF) is a mineral exploration and development company focused on advancing its flagship Pulacayo silver–lead–zinc project in the historic Potosí mining district of southern Bolivia. The company’s primary objective is to bring Pulacayo into production, leveraging a resource base that ranks among the highest-grade undeveloped silver deposits globally. Alongside resource definition and permitting activities, Silver Elephant is engaged in engineering studies designed to optimize mine planning, metallurgical recovery and capital efficiencies.

Headquartered in Vancouver, British Columbia, Silver Elephant maintains technical and corporate offices in La Paz and Potosí, facilitating close collaboration with Bolivian government authorities, local communities and service providers.