Azimut Holding S.p.A. (OTCMKTS:AZIHF) Sees Large Decline in Short Interest

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

Azimut Price Performance

AZIHF opened at $29.90 on Monday. The business’s fifty day simple moving average is $26.58 and its 200 day simple moving average is $25.77. Azimut has a 52 week low of $23.06 and a 52 week high of $29.90.

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.