Azimut Exploration Inc. (OTCMKTS:AZMTF) Short Interest Up 85.7% in September

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totalling 7,800 shares, an increase of 85.7% from the September 15th total of 4,200 shares. Based on an average daily volume of 11,200 shares, the days-to-cover ratio is presently 0.7 days.

Azimut Exploration Price Performance

Shares of AZMTF stock opened at $0.41 on Friday. Azimut Exploration has a one year low of $0.30 and a one year high of $0.76. The company’s 50-day moving average is $0.37 and its 200 day moving average is $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.