Short Interest in Azelis Group NV (OTCMKTS:AZLGF) Declines By 33.5%

Azelis Group NV (OTCMKTS:AZLGF) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 422,948 shares, a decline of 33.5% from the July 30th total of 636,431 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 704.9 days.

Azelis Group Price Performance

Shares of AZLGF stock opened at C$13.89 on Tuesday. Azelis Group has a one year low of C$8.74 and a one year high of C$15.95. The stock has a fifty day moving average price of C$12.19 and a 200 day moving average price of C$11.26.

About Azelis Group

Azelis Group is a global specialty chemicals distributor offering a broad portfolio of formulation ingredients and services to the Life Sciences and Industrial Chemicals sectors. The company sources, markets and distributes a wide range of raw materials, additives and functional ingredients that are used in personal care, home care, agrochemicals, food and nutrition, coatings, adhesives and sealants, polymers and other industrial applications. Azelis provides technical expertise and formulation support to help customers develop and optimize new products, drawing on its network of application laboratories and industry specialists.

Founded in Belgium in 2001 and headquartered in Antwerp, Azelis has grown through organic expansion and strategic acquisitions to establish a presence in more than 50 countries across EMEA, North America, Latin America and Asia Pacific.