Short Interest in Azimut Holding S.p.A. (OTCMKTS:AZIHF) Increases By 296.8%

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

Azimut Stock Performance

Azimut stock remained flat at $25.18 during midday trading on Thursday. The company had a trading volume of 121 shares, compared to its average volume of 324. Azimut has a 12-month low of $23.07 and a 12-month high of $29.84. The stock has a fifty day simple moving average of $25.09 and a two-hundred day simple moving average of $25.58.

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.