Amada Co., Ltd. (OTCMKTS:AMDLY) Short Interest Update

Amada Co., Ltd. (OTCMKTS:AMDLY) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 300 shares, a growth of 50.0% from the November 30th total of 200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 3.0 days.

Amada Price Performance

Shares of AMDLY remained flat at $38.00 during trading hours on Friday. The company had a trading volume of 9 shares, compared to its average volume of 317. The company’s fifty day moving average price is $39.86 and its two-hundred day moving average price is $41.60. Amada has a fifty-two week low of $36.63 and a fifty-two week high of $48.97. The company has a market cap of $3.24 billion, a PE ratio of 13.24 and a beta of 0.25.

About Amada

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.