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

Azimut Holding S.p.A. (OTCMKTS:AZIHF) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 956,000 shares, a growth of 70.5% from the March 31st total of 560,700 shares. Based on an average trading volume of 25,600 shares, the days-to-cover ratio is presently 37.3 days.

Azimut Price Performance

Shares of AZIHF stock remained flat at $27.24 during trading hours on Friday. Azimut has a 52 week low of $19.85 and a 52 week high of $29.84. The firm has a fifty day moving average price of $28.34 and a two-hundred day moving average price of $25.94.

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.