Short Interest in Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Increases By 625.9%

Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 249,700 shares, a growth of 625.9% from the January 15th total of 34,400 shares. Based on an average daily trading volume, of 554,900 shares, the days-to-cover ratio is presently 0.4 days.

Avalon Advanced Materials Stock Performance

Shares of Avalon Advanced Materials stock traded up $0.00 on Wednesday, reaching $0.03. 61,225 shares of the company were exchanged, compared to its average volume of 265,127. The stock’s 50 day moving average price is $0.03 and its 200-day moving average price is $0.03. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.83 and a current ratio of 0.83. Avalon Advanced Materials has a 1-year low of $0.02 and a 1-year high of $0.07.

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.