Azelis Group NV (OTCMKTS:AZLGF) Sees Significant Drop in Short Interest

Azelis Group NV (OTCMKTS:AZLGF) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 69,300 shares, a decline of 27.7% from the February 28th total of 95,800 shares. Based on an average daily trading volume, of 7,700 shares, the days-to-cover ratio is presently 9.0 days.

Azelis Group Price Performance

OTCMKTS AZLGF opened at C$19.40 on Friday. The business’s fifty day moving average is C$19.98 and its two-hundred day moving average is C$19.66. Azelis Group has a 1 year low of C$19.40 and a 1 year high of C$21.00.

About Azelis Group

Azelis Group NV engages in the distribution of specialty chemicals and food ingredients. It serves various segments in life sciences, including personal care, home care, industrial cleaning, pharmaceuticals, healthcare, food and nutrition, animal nutrition, agricultural, and environmental solutions; and industrial chemicals industry, such as CASE, advanced materials and additives, lubricants, metalworking fluids, electronics, essential and fine chemicals, textiles, leather, and paper markets.