Azimut Exploration Inc. (OTCMKTS:AZMTF) Sees Large Increase in Short Interest

Azimut Exploration Inc. (OTCMKTS:AZMTF) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 8,000 shares, an increase of 1,042.9% from the December 31st total of 700 shares. Based on an average trading volume of 6,900 shares, the days-to-cover ratio is currently 1.2 days.

Azimut Exploration Trading Down 2.2 %

Shares of OTCMKTS AZMTF traded down $0.01 during midday trading on Friday, reaching $0.44. 1,660 shares of the stock were exchanged, compared to its average volume of 6,507. Azimut Exploration has a 12 month low of $0.30 and a 12 month high of $0.62. The business has a 50-day simple moving average of $0.44 and a two-hundred day simple moving average of $0.42.

About Azimut Exploration

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.