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

Almonty Industries Inc. (OTCMKTS:ALMTF) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 1,408,900 shares, a growth of 37.0% from the December 15th total of 1,028,300 shares. Based on an average daily volume of 87,800 shares, the short-interest ratio is currently 16.0 days.

Almonty Industries Stock Performance

Almonty Industries stock opened at $0.64 on Friday. Almonty Industries has a twelve month low of $0.41 and a twelve month high of $0.73. The company’s 50-day moving average price is $0.63 and its 200-day moving average price is $0.59.

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.