Short Interest in Azimut Exploration Inc. (OTCMKTS:AZMTF) Increases By 146.9%

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 7,900 shares, an increase of 146.9% from the October 31st total of 3,200 shares. Based on an average daily trading volume, of 8,700 shares, the days-to-cover ratio is currently 0.9 days.

Azimut Exploration Stock Performance

Shares of AZMTF opened at $0.46 on Friday. The business’s fifty day simple moving average is $0.44 and its two-hundred day simple moving average is $0.41. Azimut Exploration has a 12 month low of $0.30 and a 12 month high of $0.75.

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.