Azimut Holding S.p.A. (OTCMKTS:AZIHF) Sees Significant Decrease in Short Interest

Azimut Holding S.p.A. (OTCMKTS:AZIHFGet Free Report) saw a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 777,400 shares, a decline of 12.7% from the May 15th total of 891,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 7,774.0 days.

Azimut Stock Performance

Shares of AZIHF remained flat at $26.78 during midday trading on Friday. 18 shares of the stock traded hands, compared to its average volume of 249. The firm has a 50 day moving average price of $27.16 and a 200 day moving average price of $27.34. Azimut has a one year low of $19.85 and a one year high of $29.84.

Azimut Company Profile

(Get Free Report)

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.

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