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

Azimut Holding S.p.A. (OTCMKTS:AZIHFGet Rating) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 1,271,800 shares, a growth of 11.3% from the August 15th total of 1,142,200 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 3,179.5 days.

Azimut Stock Down 6.0 %

Shares of AZIHF opened at $15.94 on Monday. The stock has a 50 day simple moving average of $16.74 and a two-hundred day simple moving average of $20.08. Azimut has a 1 year low of $15.37 and a 1 year high of $36.10.

About Azimut

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Azimut Holding S.p.A. operates in the asset management sector. It distributes, manages, and promotes financial and insurance products in Italy, Luxembourg, Ireland, China, Principality of Monaco, Switzerland, Singapore, Brazil, Mexico, Taiwan, Chile, the United States, Australia, Turkey, the United Arab Emirates, and Egypt.

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