Azimut Exploration Inc. (OTCMKTS:AZMTF) Short Interest Up 1,042.9% in January

Azimut Exploration Inc. (OTCMKTS:AZMTF) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 8,000 shares, an increase of 1,042.9% from the December 31st total of 700 shares. Based on an average daily trading volume, of 6,900 shares, the short-interest ratio is currently 1.2 days.

Azimut Exploration Stock Performance

Shares of OTCMKTS:AZMTF remained flat at $0.45 during trading hours on Thursday. 12 shares of the stock traded hands, compared to its average volume of 7,700. The company’s 50 day moving average is $0.45 and its two-hundred day moving average is $0.42. Azimut Exploration has a twelve month low of $0.30 and a twelve month high of $0.62.

Azimut Exploration Company Profile

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.