Azimut Holding S.p.A. (OTCMKTS:AZIHF) Short Interest Down 22.3% in December

Azimut Holding S.p.A. (OTCMKTS:AZIHF) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 840,600 shares, a drop of 22.3% from the November 30th total of 1,082,500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 8,406.0 days.

Azimut Price Performance

Azimut stock remained flat at $25.77 during midday trading on Friday. 86 shares of the company were exchanged, compared to its average volume of 1,194. The company’s 50 day simple moving average is $25.81 and its 200 day simple moving average is $25.19. Azimut has a 12 month low of $23.06 and a 12 month high of $29.84.

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.