Short Interest in Almonty Industries Inc. (OTCMKTS:ALMTF) Expands By 5,579.0%

Almonty Industries Inc. (OTCMKTS:ALMTF) was the recipient of a large increase in short interest during the month of 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 daily volume of 34,500 shares, the days-to-cover ratio is currently 13.3 days.

Almonty Industries Stock Down 2.3 %

ALMTF stock traded down $0.01 during mid-day trading on Tuesday, reaching $0.58. 2,740 shares of the stock traded hands, compared to its average volume of 20,366. The business has a 50-day moving average of $0.61 and a two-hundred day moving average of $0.53. Almonty Industries has a 52 week low of $0.36 and a 52 week 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.