Almonty Industries Inc. (OTCMKTS:ALMTF) Short Interest Update

Almonty Industries Inc. (OTCMKTS:ALMTF) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 1,028,300 shares, an increase of 57.9% from the November 30th total of 651,400 shares. Based on an average trading volume of 116,100 shares, the days-to-cover ratio is currently 8.9 days.

Almonty Industries Stock Performance

Shares of OTCMKTS:ALMTF traded up $0.04 during trading hours on Friday, hitting $0.64. 1,400 shares of the company’s stock traded hands, compared to its average volume of 22,530. The company’s fifty day simple moving average is $0.61 and its two-hundred day simple moving average is $0.56. Almonty Industries has a 52 week low of $0.41 and a 52 week high of $0.70.

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.