Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Short Interest Up 2,338.9% in December

Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 175,600 shares, an increase of 2,338.9% from the December 15th total of 7,200 shares. Based on an average daily trading volume, of 260,500 shares, the days-to-cover ratio is currently 0.7 days.

Shares of AVLNF stock opened at $0.12 on Friday. The company has a quick ratio of 2.95, a current ratio of 2.95 and a debt-to-equity ratio of 0.03. The stock has a 50 day simple moving average of $0.09 and a 200-day simple moving average of $0.10. Avalon Advanced Materials has a 1-year low of $0.07 and a 1-year high of $0.29.

About Avalon Advanced Materials

Avalon Advanced Materials, Inc is a mineral exploration and development company, which engages in the acquisition, exploration, evaluation, and development of specialty metal and mineral properties. The firm focuses on metals and mineral deposits including lithium, tantalum, niobium, cesium, indium, gallium, germanium, rare earth elements, yttrium, and zirconium.

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