Short Interest in Almonty Industries Inc. (OTCMKTS:ALMTF) Increases By 37.0%

Almonty Industries Inc. (OTCMKTS:ALMTF) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,408,900 shares, a growth of 37.0% from the December 15th total of 1,028,300 shares. Based on an average daily trading volume, of 87,800 shares, the days-to-cover ratio is currently 16.0 days.

Almonty Industries Trading Down 0.6 %

Shares of OTCMKTS:ALMTF opened at $0.67 on Thursday. Almonty Industries has a 12-month low of $0.41 and a 12-month high of $0.73. The stock has a fifty day simple moving average of $0.63 and a two-hundred day simple moving average of $0.58.

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.