Azelis Group NV (OTCMKTS:AZLGF) Sees Significant Decline in Short Interest

Azelis Group NV (OTCMKTS:AZLGF) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totalling 147,000 shares, a decline of 22.1% from the August 31st total of 188,700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,470.0 days.

Azelis Group Stock Performance

Shares of Azelis Group stock remained flat at C$18.36 during mid-day trading on Friday. The firm has a fifty day moving average of C$18.62 and a 200-day moving average of C$20.95. Azelis Group has a 12 month low of C$18.36 and a 12 month high of C$25.00.

About Azelis Group

Azelis Group NV engages in the distribution of specialty chemicals and food ingredients. It serves various segments in life sciences, including personal care, home care, industrial cleaning, pharmaceuticals, healthcare, food and nutrition, animal nutrition, agricultural, and environmental solutions; and industrial chemicals industry, such as CASE, advanced materials and additives, lubricants, metalworking fluids, electronics, essential and fine chemicals, textiles, leather, and paper markets.