Azimut Exploration Inc. (OTCMKTS:AZMTF) Short Interest Up 28.2% in October

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 10,000 shares, an increase of 28.2% from the September 30th total of 7,800 shares. Based on an average daily volume of 8,900 shares, the days-to-cover ratio is presently 1.1 days.

Azimut Exploration Trading Down 3.3 %

Shares of AZMTF traded down $0.02 during midday trading on Monday, hitting $0.47. The company’s stock had a trading volume of 1,000 shares, compared to its average volume of 9,566. Azimut Exploration has a one year low of $0.30 and a one year high of $0.75. The company’s fifty day simple moving average is $0.39 and its two-hundred day simple moving average is $0.41.

About Azimut Exploration

Azimut Exploration Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for copper, gold, base metals, chromium, nickel, diamond, tellurium, bismuth, tungsten, tin, molybdenum, rhenium, indium, rare earth elements, uranium, zinc, silver, cobalt, and platinum group elements.