Amada Co., Ltd. (OTCMKTS:AMDWF) Short Interest Up 261.6% in October

Amada Co., Ltd. (OTCMKTS:AMDWF) saw a large growth in short interest in October. As of October 15th, there was short interest totalling 106,300 shares, a growth of 261.6% from the September 30th total of 29,400 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Amada Price Performance

OTCMKTS:AMDWF remained flat at $10.32 on Friday. The stock’s fifty day simple moving average is $9.96 and its 200-day simple moving average is $10.10. Amada has a 12-month low of $9.60 and a 12-month high of $10.98.

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.