Short Interest in Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Increases By 63.7%

Avalon Advanced Materials Inc. (OTCMKTS:AVLNFGet Rating) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 41,900 shares, a growth of 63.7% from the October 15th total of 25,600 shares. Based on an average trading volume of 263,100 shares, the days-to-cover ratio is presently 0.2 days.

Avalon Advanced Materials Price Performance

OTCMKTS:AVLNF opened at $0.10 on Monday. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 0.03. Avalon Advanced Materials has a 52-week low of $0.07 and a 52-week high of $0.19. The stock has a 50-day simple moving average of $0.11 and a 200 day simple moving average of $0.10.

About Avalon Advanced Materials

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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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