Azimut Exploration Inc. (OTCMKTS:AZMTF) Short Interest Down 68.0% in October

Azimut Exploration Inc. (OTCMKTS:AZMTF) saw a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 3,200 shares, a decline of 68.0% from the October 15th total of 10,000 shares. Based on an average trading volume of 10,900 shares, the short-interest ratio is currently 0.3 days.

Azimut Exploration Stock Performance

AZMTF stock traded down $0.02 during midday trading on Thursday, hitting $0.47. The company had a trading volume of 5,000 shares, compared to its average volume of 9,452. Azimut Exploration has a 52 week low of $0.30 and a 52 week high of $0.75. The stock’s 50 day moving average price is $0.42 and its 200 day moving average price is $0.41.

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.