Azimut Holding S.p.A. (OTCMKTS:AZIHF) Short Interest Down 12.7% in May

Azimut Holding S.p.A. (OTCMKTS:AZIHF) was the target of a significant decline in short interest in 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 days-to-cover ratio is currently 7,774.0 days.

Azimut Stock Performance

Shares of AZIHF opened at $26.78 on Tuesday. Azimut has a 12 month low of $19.85 and a 12 month high of $29.84. The firm has a fifty day simple moving average of $27.15 and a 200 day simple moving average of $27.36.

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.