Short Interest in Azimut Holding S.p.A. (OTCMKTS:AZIHF) Expands By 296.8%

Azimut Holding S.p.A. (OTCMKTS:AZIHF) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 601,100 shares, a growth of 296.8% from the October 15th total of 151,500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 6,011.0 days.

Azimut Stock Performance

Azimut stock opened at $25.18 on Wednesday. Azimut has a 1-year low of $23.07 and a 1-year high of $29.84. The stock’s fifty day moving average is $25.09 and its two-hundred day moving average is $25.58.

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.