Short Interest in Almonty Industries Inc. (OTCMKTS:ALMTF) Drops By 54.0%

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

Almonty Industries Stock Down 1.5 %

Almonty Industries stock traded down $0.01 during midday trading on Friday, hitting $0.80. 21,778 shares of the company were exchanged, compared to its average volume of 37,010. The business has a fifty day simple moving average of $0.66 and a two-hundred day simple moving average of $0.60. Almonty Industries has a fifty-two week low of $0.41 and a fifty-two week high of $0.89.

About Almonty Industries

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.