Short Interest in Silver Elephant Mining Corp. (OTCMKTS:SILEF) Decreases By 13.4%

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

Silver Elephant Mining Price Performance

Shares of OTCMKTS SILEF opened at $0.16 on Friday. Silver Elephant Mining has a 12-month low of $0.01 and a 12-month high of $0.63. The company’s fifty day simple moving average is $0.15 and its 200 day simple moving average is $0.28.

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.