Short Interest in Altex Industries (OTCMKTS:ALTX) Drops By 77.8%

Altex Industries (OTCMKTS:ALTX) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 200 shares, a drop of 77.8% from the August 31st total of 900 shares. Based on an average trading volume of 7,100 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 7,100 shares, the short-interest ratio is presently 0.0 days.

Altex Industries Stock Performance

Shares of OTCMKTS:ALTX opened at $0.42 on Wednesday. The firm has a market cap of $4.72 million, a PE ratio of -42.15 and a beta of 0.23. The firm’s 50 day simple moving average is $0.34 and its 200-day simple moving average is $0.31. Altex Industries has a one year low of $0.24 and a one year high of $0.48.

Altex Industries Company Profile

Altex Industries, Inc, through its subsidiary, Altex Oil Corporation, owns interests in productive onshore oil and gas properties located in Utah and Wyoming. The company was incorporated in 1985 and is based in Denver, Colorado.