Short Interest in Azimut Holding S.p.A. (OTCMKTS:AZIHF) Decreases By 36.2%

Azimut Holding S.p.A. (OTCMKTS:AZIHF) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 474,600 shares, a drop of 36.2% from the February 28th total of 744,000 shares. Based on an average daily volume of 8,100 shares, the days-to-cover ratio is presently 58.6 days.

Azimut Price Performance

AZIHF opened at $29.90 on Friday. Azimut has a 1 year low of $23.06 and a 1 year high of $29.90. The firm has a 50 day moving average price of $26.58 and a 200 day moving average price of $25.75.

About Azimut

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.