Amada Co., Ltd. (OTCMKTS:AMDLY) Sees Large Drop in Short Interest

Amada Co., Ltd. (OTCMKTS:AMDLY) was the target of a large decline in short interest in November. As of November 30th, there was short interest totalling 200 shares, a decline of 50.0% from the November 15th total of 400 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 2.0 days.

Amada Price Performance

Shares of OTCMKTS:AMDLY opened at $37.85 on Friday. Amada has a one year low of $36.63 and a one year high of $48.97. The firm has a market capitalization of $3.23 billion, a price-to-earnings ratio of 13.19 and a beta of 0.25. The company’s fifty day moving average price is $40.81 and its 200-day moving average price is $42.09.

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.