Short Interest in Amada Co., Ltd. (OTCMKTS:AMDLY) Expands By 50.0%

Amada Co., Ltd. (OTCMKTS:AMDLY) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 300 shares, an increase of 50.0% from the November 30th total of 200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 3.0 days.

Amada Stock Performance

Shares of AMDLY remained flat at $38.00 during mid-day trading on Friday. 9 shares of the company traded hands, compared to its average volume of 317. Amada has a twelve month low of $36.63 and a twelve month high of $48.97. The business has a fifty day moving average of $39.86 and a 200-day moving average of $41.60. The company has a market cap of $3.24 billion, a PE ratio of 13.24 and a beta of 0.25.

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.