Short Interest in Azimut Holding S.p.A. (OTCMKTS:AZIHF) Increases By 70.5%

Azimut Holding S.p.A. (OTCMKTS:AZIHF) was the target of a significant increase in short interest in 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 currently 37.3 days.

Azimut Stock Up 2.4 %

Shares of OTCMKTS:AZIHF traded up $0.63 during trading on Friday, hitting $27.24. 302 shares of the company were exchanged, compared to its average volume of 278. The business’s 50 day moving average is $28.36 and its 200-day moving average is $25.93. Azimut has a 1-year low of $19.85 and a 1-year 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.