Short Interest in Azimut Exploration Inc. (OTCMKTS:AZMTF) Decreases By 74.1%

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totalling 700 shares, a drop of 74.1% from the December 15th total of 2,700 shares. Based on an average daily volume of 9,900 shares, the short-interest ratio is presently 0.1 days.

Azimut Exploration Stock Performance

AZMTF stock traded down $0.02 during trading on Monday, hitting $0.41. The company had a trading volume of 10,035 shares, compared to its average volume of 7,209. The firm has a 50-day moving average price of $0.45 and a 200-day moving average price of $0.41. Azimut Exploration has a 12 month low of $0.30 and a 12 month 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.