Almonty Industries Inc. (OTCMKTS:ALMTF) Short Interest Up 23.5% in February

Almonty Industries Inc. (OTCMKTS:ALMTF) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 827,100 shares, an increase of 23.5% from the January 31st total of 669,600 shares. Based on an average daily volume of 369,100 shares, the days-to-cover ratio is presently 2.2 days.

Almonty Industries Stock Up 1.3 %

OTCMKTS ALMTF opened at $1.28 on Thursday. Almonty Industries has a 1-year low of $0.41 and a 1-year high of $1.55. The business’s 50-day simple moving average is $0.97 and its 200-day simple moving average is $0.73.

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.