Azimut Holding S.p.A. (OTCMKTS:AZIHF) Short Interest Up 16.4% in October

Azimut Holding S.p.A. (OTCMKTS:AZIHF) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 151,500 shares, an increase of 16.4% from the September 30th total of 130,100 shares. Based on an average daily trading volume, of 18,300 shares, the days-to-cover ratio is currently 8.3 days.

Azimut Price Performance

Shares of OTCMKTS:AZIHF opened at $26.58 on Tuesday. Azimut has a one year low of $19.85 and a one year high of $29.84. The company’s fifty day moving average price is $24.84 and its 200-day moving average price is $25.62.

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.