Azimut Holding S.p.A. (OTCMKTS:AZIHF) Short Interest Update

Azimut Holding S.p.A. (OTCMKTS:AZIHF) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 601,100 shares, an increase of 296.8% from the October 15th total of 151,500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 6,011.0 days.

Azimut Stock Performance

Azimut stock opened at $25.18 on Wednesday. The stock’s 50 day simple moving average is $25.09 and its two-hundred day simple moving average is $25.58. Azimut has a 12 month low of $23.07 and a 12 month high of $29.84.

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.