Amada Co., Ltd. (OTCMKTS:AMDLY) Short Interest Down 75.0% in October

Amada Co., Ltd. (OTCMKTS:AMDLY) was the target of a large decrease in short interest in October. As of October 31st, there was short interest totalling 100 shares, a decrease of 75.0% from the October 15th total of 400 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 1.0 days.

Amada Price Performance

OTCMKTS AMDLY remained flat at $42.96 on Tuesday. The stock has a market cap of $3.66 billion, a PE ratio of 14.27 and a beta of 0.30. Amada has a twelve month low of $38.20 and a twelve month high of $48.97. The business has a 50 day simple moving average of $41.39 and a 200 day simple moving average of $43.15.

Amada Company Profile

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.