Amadeus IT Group, S.A. (OTCMKTS:AMADY) Short Interest Down 51.6% in May

Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the recipient of a significant decrease in short interest in May. As of May 31st, there was short interest totalling 6,200 shares, a decrease of 51.6% from the May 15th total of 12,800 shares. Based on an average trading volume of 67,000 shares, the days-to-cover ratio is presently 0.1 days.

Amadeus IT Group Price Performance

Amadeus IT Group stock traded down $2.18 during midday trading on Friday, reaching $68.68. The company’s stock had a trading volume of 87,902 shares, compared to its average volume of 30,246. Amadeus IT Group has a fifty-two week low of $55.37 and a fifty-two week high of $76.70. The stock’s 50 day simple moving average is $66.99 and its 200 day simple moving average is $67.37.

Amadeus IT Group (OTCMKTS:AMADY) last announced its quarterly earnings data on Wednesday, May 8th. The company reported $0.80 EPS for the quarter, meeting the consensus estimate of $0.80. The company had revenue of $1.62 billion during the quarter. As a group, analysts predict that Amadeus IT Group will post 3.04 earnings per share for the current fiscal year.

Amadeus IT Group Company Profile

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.