Short Interest in Azimut Exploration Inc. (OTCMKTS:AZMTF) Declines By 63.8%

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the recipient of a large drop in short interest in January. As of January 31st, there was short interest totalling 2,900 shares, a drop 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 presently 0.5 days.

Azimut Exploration Trading Down 4.7 %

AZMTF traded down $0.02 during midday trading on Friday, hitting $0.42. The company had a trading volume of 19,030 shares, compared to its average volume of 6,753. Azimut Exploration has a twelve month low of $0.30 and a twelve month high of $0.61. The firm’s 50-day simple moving average is $0.44 and its 200-day simple moving average is $0.42.

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.