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

Azimut Holding S.p.A. (OTCMKTS:AZIHF) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 925,300 shares, a growth 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 Stock Performance

OTCMKTS AZIHF opened at $26.17 on Monday. The stock’s 50 day moving average is $25.44 and its 200 day moving average is $25.09. Azimut has a twelve month low of $23.06 and a twelve month high of $29.84.

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.