Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Short Interest Up 128,700.0% in November

Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 128,800 shares, a growth of 128,700.0% from the October 31st total of 100 shares. Based on an average trading volume of 610,600 shares, the days-to-cover ratio is presently 0.2 days.

Avalon Advanced Materials Stock Performance

OTCMKTS AVLNF opened at $0.03 on Thursday. The company’s fifty day moving average is $0.03 and its two-hundred day moving average is $0.04. Avalon Advanced Materials has a 52-week low of $0.03 and a 52-week high of $0.08. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.49 and a quick ratio of 0.49. The firm has a market capitalization of $16.52 million, a price-to-earnings ratio of 2.82 and a beta of 1.49.

About Avalon Advanced Materials

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.