Almonty Industries Inc. (OTCMKTS:ALMTF) Sees Significant Drop in Short Interest

Almonty Industries Inc. (OTCMKTS:ALMTF) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totalling 1,600 shares, a decrease of 88.5% from the August 31st total of 13,900 shares. Based on an average trading volume of 26,900 shares, the days-to-cover ratio is presently 0.1 days.

Almonty Industries Price Performance

Almonty Industries stock remained flat at $0.60 during mid-day trading on Friday. The company had a trading volume of 3,421 shares, compared to its average volume of 20,782. The firm’s 50 day moving average is $0.55 and its 200-day moving average is $0.49. Almonty Industries has a fifty-two week low of $0.31 and a fifty-two week high of $0.64.

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.