Short Interest in Azimut Holding S.p.A. (OTCMKTS:AZIHF) Increases By 70.5%

Azimut Holding S.p.A. (OTCMKTS:AZIHF) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 956,000 shares, an increase of 70.5% from the March 31st total of 560,700 shares. Based on an average trading volume of 25,600 shares, the short-interest ratio is presently 37.3 days.

Azimut Price Performance

AZIHF stock traded up $0.63 during trading on Friday, reaching $27.24. The company had a trading volume of 302 shares, compared to its average volume of 278. Azimut has a 52 week low of $19.85 and a 52 week high of $29.84. The business has a 50 day moving average of $28.36 and a 200 day moving average of $25.93.

About Azimut

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.