Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Short Interest Up 29.3% in February

Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 349,100 shares, an increase of 29.3% from the February 13th total of 270,000 shares. Based on an average daily volume of 446,300 shares, the short-interest ratio is presently 0.8 days. Approximately 0.1% of the shares of the stock are short sold.

Avalon Advanced Materials Stock Down 2.8 %

Shares of AVLNF opened at $0.02 on Monday. Avalon Advanced Materials has a 1 year low of $0.02 and a 1 year high of $0.07. The business’s 50 day simple moving average is $0.02 and its 200-day simple moving average is $0.03. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.06.

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.