Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Sees Large Increase in Short Interest

Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 128,800 shares, a growth of 128,700.0% from the October 31st total of 100 shares. Based on an average daily volume of 610,600 shares, the short-interest ratio is presently 0.2 days.

Avalon Advanced Materials Price Performance

Shares of AVLNF remained flat at $0.03 during trading hours on Wednesday. 482,470 shares of the stock were exchanged, compared to its average volume of 326,317. The stock has a 50-day moving average of $0.04 and a two-hundred day moving average of $0.04. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.03. Avalon Advanced Materials has a 1 year low of $0.03 and a 1 year high of $0.08.

About Avalon Advanced Materials

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.