Amada Co., Ltd. (OTCMKTS:AMDLY) Short Interest Up 300.0% in November

Amada Co., Ltd. (OTCMKTS:AMDLY) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 400 shares, an increase of 300.0% from the October 31st total of 100 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 2.0 days.

Amada Stock Performance

Amada stock remained flat at $37.85 during midday trading on Wednesday. 2 shares of the company’s stock traded hands, compared to its average volume of 64. The stock has a market cap of $3.23 billion, a PE ratio of 13.19 and a beta of 0.29. Amada has a 52 week low of $36.63 and a 52 week high of $48.97. The business has a 50-day moving average price of $41.44 and a 200 day moving average price of $42.74.

Amada Company Profile

Amada Co, Ltd., together with its subsidiaries, manufactures, sells, leases, repairs, maintains, checks, and inspects metalworking machinery, software, and peripheral equipment in Japan, North America, Europe, Asia, and internationally. It offers sheet metal fabrication machines, including laser machines, punch and laser combination machines, turret punch presses, press brakes, bending robots, and welders, as well as software solutions; general fabrication machines, such as shearing and deburring machines, corner shear, iron worker, AMS SPACE series, horizontal benders, tapping and fastener insertion machines, and environment related products; cutting fluids, lubricants, and other consumables; and a range of tools for bending and punching.