Short Interest in Azimut Exploration Inc. (OTCMKTS:AZMTF) Declines By 89.3%

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 7,000 shares, a decrease of 89.3% from the February 29th total of 65,400 shares. Based on an average daily volume of 11,700 shares, the days-to-cover ratio is currently 0.6 days.

Azimut Exploration Price Performance

Shares of AZMTF stock opened at $0.56 on Thursday. The stock’s 50-day moving average is $0.56 and its 200 day moving average is $0.62. Azimut Exploration has a 1-year low of $0.49 and a 1-year high of $1.08.

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.