Almonty Industries Inc. (OTCMKTS:ALMTF) Sees Large Decrease in Short Interest

Almonty Industries Inc. (OTCMKTS:ALMTF) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 648,100 shares, a decline of 54.0% from the December 31st total of 1,408,900 shares. Based on an average trading volume of 81,100 shares, the short-interest ratio is currently 8.0 days.

Almonty Industries Trading Down 1.5 %

ALMTF traded down $0.01 on Friday, hitting $0.80. 21,778 shares of the company’s stock were exchanged, compared to its average volume of 37,010. Almonty Industries has a fifty-two week low of $0.41 and a fifty-two week high of $0.89. The firm has a 50-day moving average price of $0.66 and a 200-day moving average price of $0.60.

Almonty Industries Company Profile

Almonty Industries Inc engages in mining, processing, and shipping of tungsten concentrate. It owns interests in the Los Santos mine located near Salamanca, Spain; the Panasqueira tin and tungsten mine situated in Covilha and Castelo Branco, Portugal; the Sangdong tungsten mine located in Gangwon Province, Republic of Korea; and the Valtreixal tin and tungsten project located in Zamora province, Western Spain.