Almonty Industries Inc. (OTCMKTS:ALMTF) Sees Significant Growth in Short Interest

Almonty Industries Inc. (OTCMKTS:ALMTF) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 460,000 shares, an increase of 5,579.0% from the October 15th total of 8,100 shares. Based on an average trading volume of 34,500 shares, the days-to-cover ratio is currently 13.3 days.

Almonty Industries Price Performance

ALMTF opened at $0.58 on Wednesday. The company has a fifty day moving average price of $0.60 and a two-hundred day moving average price of $0.53. Almonty Industries has a 1-year low of $0.36 and a 1-year high of $0.70.

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.