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

Azimut Holding S.p.A. (OTCMKTS:AZIHF) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 925,300 shares, an increase of 10.1% from the December 15th total of 840,600 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 3,084.3 days.

Azimut Price Performance

OTCMKTS:AZIHF opened at $26.17 on Friday. Azimut has a 12 month low of $23.06 and a 12 month high of $29.84. The business’s 50-day moving average is $25.44 and its two-hundred day moving average is $25.09.

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.