Azimut Exploration Inc. (OTCMKTS:AZMTF) Sees Significant Increase in Short Interest

Azimut Exploration Inc. (OTCMKTS:AZMTF) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 7,800 shares, an increase of 85.7% from the September 15th total of 4,200 shares. Based on an average daily volume of 11,200 shares, the short-interest ratio is presently 0.7 days.

Azimut Exploration Price Performance

Shares of OTCMKTS AZMTF opened at $0.41 on Friday. The stock’s 50-day simple moving average is $0.37 and its 200-day simple moving average is $0.42. Azimut Exploration has a fifty-two week low of $0.30 and a fifty-two week high of $0.76.

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.