Short Interest in Azimut Holding S.p.A. (OTCMKTS:AZIHF) Drops By 20.6%

Azimut Holding S.p.A. (OTCMKTS:AZIHF) saw a significant drop in short interest in June. As of June 15th, there was short interest totalling 617,000 shares, a drop of 20.6% from the May 31st total of 777,400 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 3,085.0 days.

Azimut Stock Performance

Shares of OTCMKTS AZIHF opened at $25.19 on Friday. The firm’s fifty day moving average is $27.00 and its two-hundred day moving average is $27.44. Azimut has a 52-week low of $19.85 and a 52-week 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.