Azelis Group NV (OTCMKTS:AZLGF) Sees Significant Increase in Short Interest

Azelis Group NV (OTCMKTS:AZLGF) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 250,700 shares, a growth of 79.5% from the September 30th total of 139,700 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is currently 119.4 days.

Azelis Group Price Performance

AZLGF stock remained flat at C$18.36 during mid-day trading on Monday. The company’s fifty day moving average is C$18.36 and its 200-day moving average is C$20.49. Azelis Group has a 1 year low of C$18.36 and a 1 year high of C$25.00.

About Azelis Group

Azelis Group NV engages in the distribution of specialty chemicals and food ingredients. It serves various segments in life sciences, including personal care, home care, industrial cleaning, pharmaceuticals, healthcare, food and nutrition, animal nutrition, agricultural, and environmental solutions; and industrial chemicals industry, such as CASE, advanced materials and additives, lubricants, metalworking fluids, electronics, essential and fine chemicals, textiles, leather, and paper markets.