Apr 12, 2011 (SmarTrend(R) News Watch via COMTEX) — Below are the top five companies in the Precious Metals & Minerals industry ranked by the lowest short interest ratio. A low short interest ratio may indicate that there are only a few people who are bearish on the stock.
ECU Silver Mining (NASDAQ:ECUXF) has a short interest ratio of 0 based on average daily volume of 232,000 shares and 2,000 shares short. That equates to 0% of the 308.9 million shares outstanding.
Silver Dragon Resources (NASDAQ:SDRG) has a short interest ratio of 0 based on average daily volume of 555,000 shares and 19,000 shares short. That equates to 0% of the 109.9 million shares outstanding.
Endeavour Silver (AMEX:EXK) has a short interest ratio of 0.3 based on average daily volume of 3 million shares and 876,000 shares short. That equates to 1.3% of the 65 million shares outstanding.
Silvercorp Metals (AMEX:SVM) has a short interest ratio of 0.3 based on average daily volume of 3 million shares and 1.1 million shares short. That equates to 0.7% of the 174.7 million shares outstanding.
Silver Wheaton (NYSE:SLW) has a short interest ratio of 0.4 based on average daily volume of 15 million shares and 6.7 million shares short. That equates to 1.9% of the 352.8 million shares outstanding.
SmarTrend currently has shares of Endeavour Silver in an Uptrend and issued the Uptrend alert on February 04, 2011 at $6.80. The stock has risen 67.6% since the Uptrend alert was issued.
