Short Interest in Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Decreases By 99.9%

Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 100 shares, a decline of 99.9% from the October 15th total of 190,100 shares. Based on an average daily trading volume, of 346,600 shares, the days-to-cover ratio is currently 0.0 days.

Avalon Advanced Materials Stock Performance

AVLNF stock remained flat at $0.03 during midday trading on Tuesday. The company had a trading volume of 299,295 shares, compared to its average volume of 126,744. Avalon Advanced Materials has a twelve month low of $0.03 and a twelve month high of $0.09. The firm has a 50 day moving average of $0.04 and a two-hundred day moving average of $0.04. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.03.

Avalon Advanced Materials Company Profile

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.