Short Interest in Aimia Inc. (OTCMKTS:AIMFF) Increases By 34.0%

Aimia Inc. (OTCMKTS:AIMFFGet Rating) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 273,400 shares, a growth of 34.0% from the March 31st total of 204,100 shares. Based on an average daily volume of 67,300 shares, the short-interest ratio is currently 4.1 days.

Separately, TD Securities lifted their price objective on Aimia from C$7.00 to C$7.50 in a report on Thursday, March 31st.

AIMFF opened at $3.83 on Monday. Aimia has a 12-month low of $3.11 and a 12-month high of $5.05. The firm’s fifty day moving average price is $3.99 and its 200 day moving average price is $3.98.

About Aimia (Get Rating)

Aimia Inc focuses on long-term investments in public and private companies. It operates through two segments, Holdings and Investment Management. The company, through its subsidiary, Mittleman Investment Management, LLC, provides discretionary portfolio management services to institutional investors and high-net-worth individuals.

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