Short Interest in Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Decreases By 99.9%

Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) was the recipient of a large decrease in short interest in October. As of October 31st, there was short interest totalling 100 shares, a decrease of 99.9% from the October 15th total of 190,100 shares. Based on an average daily volume of 346,600 shares, the short-interest ratio is presently 0.0 days.

Avalon Advanced Materials Stock Performance

OTCMKTS:AVLNF remained flat at $0.03 during trading hours on Tuesday. The company had a trading volume of 299,295 shares, compared to its average volume of 126,744. The firm has a fifty day moving average of $0.04 and a 200 day moving average of $0.04. Avalon Advanced Materials has a 1-year low of $0.03 and a 1-year high of $0.09. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.49 and a quick ratio of 0.49.

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.