Short Interest in Azimut Holding S.p.A. (OTCMKTS:AZIHF) Rises By 10.1%

Azimut Holding S.p.A. (OTCMKTS:AZIHF) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 925,300 shares, an increase of 10.1% from the December 31st total of 840,600 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 3,084.3 days.

Azimut Trading Up 9.9 %

OTCMKTS:AZIHF traded up $2.47 during midday trading on Friday, reaching $27.44. 444 shares of the stock traded hands, compared to its average volume of 8,809. Azimut has a 12 month low of $23.06 and a 12 month high of $29.84. The company has a fifty day moving average of $25.73 and a 200 day moving average of $25.17.

Azimut Company Profile

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