Amadeus IT Group, S.A. (OTCMKTS:AMADY) Sees Large Increase in Short Interest

Amadeus IT Group, S.A. (OTCMKTS:AMADY) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 44,600 shares, an increase of 163.9% from the June 15th total of 16,900 shares. Based on an average daily volume of 174,900 shares, the days-to-cover ratio is currently 0.3 days.

Amadeus IT Group Stock Performance

Shares of Amadeus IT Group stock traded up $0.42 on Thursday, reaching $67.71. 38,163 shares of the company were exchanged, compared to its average volume of 73,092. The stock’s 50 day moving average price is $69.12 and its 200-day moving average price is $67.04. Amadeus IT Group has a 1-year low of $55.37 and a 1-year high of $76.27.

Amadeus IT Group (OTCMKTS:AMADY) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. The firm had revenue of $1.62 billion for the quarter. On average, equities research analysts forecast that Amadeus IT Group will post 2.97 EPS for the current fiscal year.

Amadeus IT Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 19th. Investors of record on Wednesday, July 3rd will be issued a $0.6456 dividend. The ex-dividend date is Wednesday, July 3rd. This is a positive change from Amadeus IT Group’s previous dividend of $0.34.

About Amadeus IT Group

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through three segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services, and other processing solutions through Amadeus GDS, Altéa PSS, and New Skies platforms.