Short Interest in Almonty Industries Inc. (OTCMKTS:ALMTF) Rises By 37.0%

Almonty Industries Inc. (OTCMKTS:ALMTF) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 1,408,900 shares, an increase of 37.0% from the December 31st total of 1,028,300 shares. Based on an average trading volume of 87,800 shares, the short-interest ratio is currently 16.0 days.

Almonty Industries Price Performance

OTCMKTS:ALMTF opened at $0.82 on Friday. Almonty Industries has a 12 month low of $0.41 and a 12 month high of $0.89. The company’s 50 day moving average is $0.65 and its 200-day moving average is $0.60.

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.