Short Interest in Almonty Industries Inc. (OTCMKTS:ALMTF) Rises By 443.8%

Almonty Industries Inc. (OTCMKTS:ALMTF) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 8,700 shares, an increase of 443.8% from the September 15th total of 1,600 shares. Based on an average daily volume of 15,100 shares, the short-interest ratio is presently 0.6 days.

Almonty Industries Price Performance

ALMTF opened at $0.58 on Friday. The firm has a 50 day simple moving average of $0.57 and a 200 day simple moving average of $0.51. Almonty Industries has a fifty-two week low of $0.33 and a fifty-two week high of $0.67.

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.