Short Interest in Almonty Industries Inc. (OTCMKTS:ALMTF) Grows By 57.9%

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

Almonty Industries Stock Up 6.4 %

Shares of ALMTF stock traded up $0.04 during trading on Friday, reaching $0.64. The company had a trading volume of 1,400 shares, compared to its average volume of 22,530. The firm’s 50 day simple moving average is $0.61 and its two-hundred day simple moving average is $0.56. Almonty Industries has a one year low of $0.41 and a one year high of $0.70.

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.