Short Interest in Azimut Exploration Inc. (OTCMKTS:AZMTF) Increases By 146.9%

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 7,900 shares, an increase of 146.9% from the October 31st total of 3,200 shares. Based on an average trading volume of 8,700 shares, the days-to-cover ratio is currently 0.9 days.

Azimut Exploration Price Performance

Shares of AZMTF stock opened at $0.46 on Friday. The business’s fifty day moving average is $0.44 and its 200 day moving average is $0.41. Azimut Exploration has a twelve month low of $0.30 and a twelve month high of $0.75.

Azimut Exploration Company Profile

Azimut Exploration Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for copper, gold, base metals, chromium, nickel, diamond, tellurium, bismuth, tungsten, tin, molybdenum, rhenium, indium, rare earth elements, uranium, zinc, silver, cobalt, and platinum group elements.