Azimut Holding S.p.A. (OTCMKTS:AZIHF) Sees Significant Decline in Short Interest

Azimut Holding S.p.A. (OTCMKTS:AZIHF) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 840,600 shares, a drop of 22.3% from the November 30th total of 1,082,500 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 8,406.0 days.

Azimut Stock Performance

Shares of AZIHF stock remained flat at $25.77 on Friday. 86 shares of the company traded hands, compared to its average volume of 1,194. Azimut has a fifty-two week low of $23.06 and a fifty-two week high of $29.84. The business has a fifty day simple moving average of $25.81 and a 200 day simple moving average of $25.19.

Azimut Company Profile

Azimut Holding S.p.A. engages in the asset management business. It distributes, manages, and promotes financial and insurance products in Italy, Luxembourg, Ireland, Hong Kong, Shanghai, Principality of Monaco, Switzerland, Singapore, Brazil, Mexico, Taiwan, Chile, the United States, Australia, Turkey, the United Arab Emirates, Egypt, and Portugal.