Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Sees Large Growth in Short Interest

Avalon Advanced Materials Inc. (OTCMKTS:AVLNFGet Rating) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totalling 20,800 shares, a growth of 26.8% from the April 15th total of 16,400 shares. Based on an average daily trading volume, of 353,400 shares, the days-to-cover ratio is presently 0.1 days.

AVLNF stock opened at $0.10 on Tuesday. Avalon Advanced Materials has a 1 year low of $0.07 and a 1 year high of $0.19. The stock’s fifty day moving average is $0.13 and its two-hundred day moving average is $0.10.

About Avalon Advanced Materials (Get Rating)

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.

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