Short Interest in Elemental Altus Royalties Corp. (OTCMKTS:ELEMF) Drops By 89.7%

Elemental Altus Royalties Corp. (OTCMKTS:ELEMF) was the target of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 3,500 shares, a decline of 89.7% from the October 31st total of 33,900 shares. Based on an average daily trading volume, of 89,100 shares, the short-interest ratio is presently 0.0 days.

Elemental Altus Royalties Price Performance

OTCMKTS:ELEMF traded up $0.00 during mid-day trading on Friday, reaching $0.81. 50,622 shares of the company’s stock were exchanged, compared to its average volume of 29,389. Elemental Altus Royalties has a one year low of $0.64 and a one year high of $0.95. The business’s fifty day simple moving average is $0.87 and its two-hundred day simple moving average is $0.82.

About Elemental Altus Royalties

Elemental Altus Royalties Corp., a precious metals royalty company, engages in the acquisition of royalties, streams, and other rights over mining projects. It has a portfolio of 11 royalties and streams in Australia, Chile, Canada, Burkina Faso, Cote d'Ivoire, Mexico, and Kenya. The company is headquartered in Vancouver, Canada.