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Azimut Holding's short interest fell, but its days-to-cover ratio stayed very high, while its stock price rose.
Azimut Holding S.p.A., an Italian asset management firm, saw a decrease in short interest in January, with shares shorted dropping to 794,700.
Despite this, the days-to-cover ratio remains very high at 3,973.5 days.
The company's stock price increased to $27.44, surpassing its 50-day and 200-day moving averages.
Meanwhile, Azimut Exploration Inc., a Canadian mineral exploration company, saw a significant increase in short interest, rising to 8,000 shares.
2 months ago
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