Azimut Holding S.p.A. (OTCMKTS:AZIHF) Sees Significant Increase in Short Interest

Azimut Holding S.p.A. (OTCMKTS:AZIHF) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 956,000 shares, an increase of 70.5% from the March 31st total of 560,700 shares. Based on an average daily volume of 25,600 shares, the short-interest ratio is presently 37.3 days.

Azimut Price Performance

AZIHF remained flat at $27.24 during mid-day trading on Friday. Azimut has a fifty-two week low of $19.85 and a fifty-two week high of $29.84. The stock’s fifty day simple moving average is $28.34 and its 200-day simple moving average is $25.94.

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.