Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Short Interest Update

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

Avalon Advanced Materials Stock Down 9.9 %

Shares of OTCMKTS AVLNF opened at $0.02 on Thursday. Avalon Advanced Materials has a fifty-two week low of $0.02 and a fifty-two week high of $0.07. The firm’s 50-day simple moving average is $0.03 and its 200 day simple moving average 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 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.