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

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

Almonty Industries Trading Down 0.6 %

ALMTF opened at $0.67 on Thursday. The firm has a 50-day moving average price of $0.63 and a 200-day moving average price of $0.58. Almonty Industries has a twelve month low of $0.41 and a twelve month high of $0.73.

About Almonty Industries

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.