Azimut Exploration Inc. (OTCMKTS:AZMTF) Short Interest Down 48.9% in February

Azimut Exploration Inc. (OTCMKTS:AZMTF) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 4,600 shares, a decrease of 48.9% from the February 13th total of 9,000 shares. Based on an average daily volume of 9,400 shares, the days-to-cover ratio is currently 0.5 days.

Azimut Exploration Stock Performance

Azimut Exploration stock traded up $0.01 during mid-day trading on Friday, hitting $0.40. 2,469 shares of the company’s stock were exchanged, compared to its average volume of 7,937. Azimut Exploration has a fifty-two week low of $0.30 and a fifty-two week high of $0.59. The company’s 50 day simple moving average is $0.42 and its 200-day simple moving average is $0.43.

About Azimut Exploration

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.