Azimut Exploration Inc. (OTCMKTS:AZMTF) Short Interest Up 1,042.9% in January

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 8,000 shares, an increase of 1,042.9% from the December 31st total of 700 shares. Based on an average daily trading volume, of 6,900 shares, the days-to-cover ratio is currently 1.2 days.

Azimut Exploration Price Performance

Shares of OTCMKTS:AZMTF remained flat at $0.45 during trading on Thursday. 12 shares of the stock were exchanged, compared to its average volume of 7,700. The firm’s 50-day moving average price is $0.45 and its 200-day moving average price is $0.42. Azimut Exploration has a 1 year low of $0.30 and a 1 year high of $0.62.

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.