Aimia Inc. (OTCMKTS:AIMFF – Get Rating) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 394,300 shares, a growth of 41.5% from the August 15th total of 278,700 shares. Based on an average trading volume of 235,800 shares, the days-to-cover ratio is currently 1.7 days.
Aimia Stock Performance
Shares of Aimia stock opened at $2.95 on Friday. The business has a fifty day simple moving average of $3.36 and a 200-day simple moving average of $3.59. Aimia has a fifty-two week low of $2.84 and a fifty-two week high of $5.05.
Wall Street Analyst Weigh In
Separately, TD Securities reduced their price target on Aimia from C$7.50 to C$7.00 in a research report on Monday, August 15th.
Aimia Company Profile
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.
- Get a free copy of the StockNews.com research report on Aimia (AIMFF)
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