Almonty Industries Inc. (OTCMKTS:ALMTF) Short Interest Down 42.5% in June

Almonty Industries Inc. (OTCMKTS:ALMTF) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 5,000 shares, a drop of 42.5% from the May 31st total of 8,700 shares. Based on an average daily volume of 23,500 shares, the short-interest ratio is currently 0.2 days.

Almonty Industries Stock Performance

OTCMKTS:ALMTF opened at $0.44 on Friday. Almonty Industries has a 12-month low of $0.31 and a 12-month high of $0.55. The stock’s fifty day simple moving average is $0.48 and its 200-day simple moving average is $0.45.

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.