Almonty Industries Inc. (OTCMKTS:ALMTF) Short Interest Down 54.0% in January

Almonty Industries Inc. (OTCMKTS:ALMTF) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 648,100 shares, a decline 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 Performance

ALMTF traded up $0.10 during trading on Thursday, hitting $0.87. The stock had a trading volume of 101,981 shares, compared to its average volume of 37,018. The company has a 50 day moving average price of $0.65 and a 200-day moving average price of $0.60. Almonty Industries has a one year low of $0.41 and a one year 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.