Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Sees Large Increase in Short Interest

Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 437,600 shares, a growth of 25.4% from the February 28th total of 349,100 shares. Based on an average daily volume of 553,300 shares, the short-interest ratio is presently 0.8 days. Approximately 0.1% of the company’s stock are short sold.

Avalon Advanced Materials Stock Performance

OTCMKTS:AVLNF opened at $0.02 on Tuesday. Avalon Advanced Materials has a 52 week low of $0.02 and a 52 week high of $0.06. The firm has a 50-day moving average price of $0.02 and a two-hundred day moving average price of $0.03. The company has a current ratio of 0.83, a quick 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.