AmeraMex International, Inc. (OTCMKTS:AMMX) Sees Significant Increase in Short Interest

AmeraMex International, Inc. (OTCMKTS:AMMX) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 2,900 shares, a growth of 625.0% from the October 31st total of 400 shares. Based on an average trading volume of 41,900 shares, the short-interest ratio is presently 0.1 days.

AmeraMex International Stock Performance

Shares of OTCMKTS AMMX traded up $0.03 during trading hours on Friday, reaching $0.22. The stock had a trading volume of 229,580 shares, compared to its average volume of 108,206. The company has a market cap of $3.04 million, a price-to-earnings ratio of -2.69 and a beta of 0.39. AmeraMex International has a twelve month low of $0.09 and a twelve month high of $0.48. The business’s fifty day moving average is $0.36 and its two-hundred day moving average is $0.24. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.30 and a quick ratio of 0.21.

AmeraMex International Company Profile

AmeraMex International, Inc sells, leases, and rents new and refurbished heavy equipment primarily in the United States. Its products are used in light and infrastructure construction, shipping logistics, logging, mining, transportation, commercial farming, and forestry industries. The company also sells parts; and provides repair and maintenance services.