Avalon Holdings Corp (NYSEAMERICAN:AWX) Sees Large Decline in Short Interest

Avalon Holdings Corp (NYSEAMERICAN:AWX) was the target of a large decline in short interest in July. As of July 31st, there was short interest totalling 46,100 shares, a decline of 5.1% from the June 30th total of 48,600 shares. Based on an average trading volume of 23,600 shares, the days-to-cover ratio is currently 2.0 days. Currently, 2.2% of the shares of the stock are short sold.

AWX stock opened at $2.27 on Friday. Avalon has a 1 year low of $2.10 and a 1 year high of $5.50.

Avalon (NYSEAMERICAN:AWX) last issued its quarterly earnings results on Friday, August 9th. The industrial products company reported $0.12 earnings per share for the quarter. The business had revenue of $18.43 million during the quarter.

About Avalon

Avalon Holdings Corporation provides waste management services to industrial, commercial, municipal, and governmental customers in the United States. It operates through Waste Management Services, and Golf and Related Operations segments. The Waste Management Services segment offers hazardous and nonhazardous waste disposal brokerage and management services; and captive landfill management services, as well as engages in salt water injection well operations.

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