Azimut Holding S.p.A. (OTCMKTS:AZIHF) Short Interest Down 30.6% in July

Azimut Holding S.p.A. (OTCMKTS:AZIHF) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 344,300 shares, a drop of 30.6% from the June 30th total of 495,800 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 1,721.5 days.

Azimut Stock Performance

Azimut stock remained flat at $24.06 during midday trading on Friday. The business has a 50 day simple moving average of $26.29 and a 200-day simple moving average of $27.45. Azimut has a 12 month low of $19.85 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.