Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Short Interest Update

Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 349,100 shares, a growth of 29.3% from the February 13th total of 270,000 shares. Based on an average daily trading volume, of 446,300 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.1% of the company’s stock are sold short.

Avalon Advanced Materials Trading Up 7.3 %

Shares of OTCMKTS AVLNF opened at $0.02 on Tuesday. The stock’s 50 day moving average price is $0.02 and its two-hundred day moving average price is $0.03. Avalon Advanced Materials has a 52-week low of $0.02 and a 52-week high of $0.07. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.83 and a current ratio of 0.83.

Avalon Advanced Materials Company Profile

Avalon Advanced Materials Inc, together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of rare metal and mineral properties primarily in Canada. The company focuses on exploring lithium, tantalum, cesium, indium, gallium, germanium, tin, yttrium, and zirconium deposits, as well as rare earth elements.