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

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

Almonty Industries Price Performance

Shares of OTCMKTS:ALMTF opened at $0.82 on Friday. The firm has a fifty day moving average of $0.65 and a two-hundred day moving average of $0.60. Almonty Industries has a 12-month low of $0.41 and a 12-month high of $0.89.

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.