Almonty Industries Inc. (OTCMKTS:ALMTF) Short Interest Update

Almonty Industries Inc. (OTCMKTS:ALMTF) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 460,000 shares, an increase of 5,579.0% from the October 15th total of 8,100 shares. Based on an average trading volume of 34,500 shares, the short-interest ratio is presently 13.3 days.

Almonty Industries Stock Performance

ALMTF opened at $0.57 on Thursday. The stock’s 50 day simple moving average is $0.60 and its 200 day simple moving average is $0.53. Almonty Industries has a 1-year low of $0.36 and a 1-year high of $0.70.

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.