Short Interest in Azimut Exploration Inc. (OTCMKTS:AZMTF) Declines By 72.4%

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 2,700 shares, a decrease of 72.4% from the November 30th total of 9,800 shares. Based on an average trading volume of 13,400 shares, the short-interest ratio is presently 0.2 days.

Azimut Exploration Stock Performance

Azimut Exploration stock remained flat at $0.41 during trading on Thursday. Azimut Exploration has a one year low of $0.30 and a one year high of $0.75. The stock’s 50 day moving average price is $0.46 and its 200-day moving average price is $0.41.

About Azimut Exploration

Azimut Exploration Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for copper, gold, base metals, chromium, nickel, diamond, tellurium, bismuth, tungsten, tin, molybdenum, rhenium, indium, rare earth elements, uranium, zinc, silver, cobalt, and platinum group elements.