Short Interest in Azimut Holding S.p.A. (OTCMKTS:AZIHF) Declines By 47.9%

Azimut Holding S.p.A. (OTCMKTS:AZIHF) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totalling 179,300 shares, a decline of 47.9% from the July 15th total of 344,300 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is currently 163.0 days.

Azimut Stock Up 1.9 %

Shares of Azimut stock opened at $23.76 on Tuesday. The firm’s 50 day moving average is $25.34 and its 200 day moving average is $27.17. Azimut has a 1 year low of $19.85 and a 1 year high of $29.84.

Azimut Company Profile

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.