Short Interest in Azimut Exploration Inc. (OTCMKTS:AZMTF) Expands By 11.1%

Azimut Exploration Inc. (OTCMKTS:AZMTF – Get Rating) saw a large increase in short interest during the month of December. As of December 30th, there was short interest totalling 3,000 shares, an increase of 11.1% from the December 15th total of 2,700 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is presently 0.7 days.

Azimut Exploration Price Performance

Shares of AZMTF opened at $0.75 on Monday. The business has a 50-day moving average of $0.50 and a 200 day moving average of $0.53. Azimut Exploration has a fifty-two week low of $0.36 and a fifty-two week high of $1.33.

About Azimut Exploration

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Azimut Exploration, Inc operates as an exploration company. It engages in the acquisition and exploration of mineral properties. The firm’s properties include Nunavik and James Bay. The company was founded on March 19, 1986 and is headquartered in Longueuil, Canada.