Short Interest in Elemental Altus Royalties Corp. (OTCMKTS:ELEMF) Drops By 27.2%

Elemental Altus Royalties Corp. (OTCMKTS:ELEMF) was the recipient of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 12,300 shares, a drop of 27.2% from the February 13th total of 16,900 shares. Based on an average trading volume of 120,100 shares, the days-to-cover ratio is currently 0.1 days.

Elemental Altus Royalties Trading Up 4.7 %

Shares of ELEMF opened at $0.89 on Monday. Elemental Altus Royalties has a one year low of $0.64 and a one year high of $0.95. The company’s fifty day moving average price is $0.82 and its 200 day moving average price is $0.83.

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.