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

Amada Co., Ltd. (OTCMKTS:AMDWF) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 21,900 shares, an increase of 7.9% from the August 31st total of 20,300 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 109.5 days.

Amada Stock Performance

Shares of OTCMKTS:AMDWF opened at $10.32 on Wednesday. Amada has a 52-week low of $9.60 and a 52-week high of $10.98. The company has a 50-day simple moving average of $10.05 and a 200 day simple moving average of $10.04.

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.