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

Azimut Holding S.p.A. (OTCMKTS:AZIHF) was the recipient of a significant increase in short interest in 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 daily volume of 100 shares, the days-to-cover ratio is currently 6,011.0 days.

Azimut Price Performance

AZIHF remained flat at $25.18 during midday trading on Tuesday. The company’s stock had a trading volume of 6 shares, compared to its average volume of 324. Azimut has a fifty-two week low of $23.07 and a fifty-two week high of $29.84. The company’s 50-day moving average price is $25.10 and its 200-day moving average price is $25.59.

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.