Azimut Exploration Inc. (OTCMKTS:AZMTF) Short Interest Down 63.8% in January

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the recipient of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 2,900 shares, a decrease of 63.8% from the January 15th total of 8,000 shares. Based on an average trading volume of 5,800 shares, the days-to-cover ratio is currently 0.5 days.

Azimut Exploration Stock Performance

Azimut Exploration stock opened at $0.44 on Thursday. Azimut Exploration has a 1 year low of $0.30 and a 1 year high of $0.62. The company’s 50-day moving average is $0.44 and its two-hundred day moving average is $0.42.

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.