Amadeus IT Group, S.A. (OTCMKTS:AMADY) Sees Large Increase in Short Interest

Amadeus IT Group, S.A. (OTCMKTS:AMADY) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 6,700 shares, an increase of 168.0% from the August 15th total of 2,500 shares. Based on an average daily volume of 63,500 shares, the days-to-cover ratio is currently 0.1 days.

Amadeus IT Group Stock Up 1.6 %

Amadeus IT Group stock traded up $1.10 during midday trading on Friday, hitting $70.35. 23,662 shares of the company were exchanged, compared to its average volume of 65,919. The business has a fifty day simple moving average of $65.91 and a two-hundred day simple moving average of $65.90. Amadeus IT Group has a fifty-two week low of $55.37 and a fifty-two week high of $74.39.

Amadeus IT Group (OTCMKTS:AMADY) last released its quarterly earnings data on Wednesday, July 31st. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.81 by $0.08. The company had revenue of $1.68 billion during the quarter. As a group, sell-side analysts anticipate that Amadeus IT Group will post 3.01 earnings per share for the current year.

Amadeus IT Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 19th. Shareholders of record on Wednesday, July 3rd were issued a $0.6456 dividend. This is a boost from Amadeus IT Group’s previous dividend of $0.34. The ex-dividend date of this dividend was Wednesday, July 3rd.

Amadeus IT Group Company Profile

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through three segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services, and other processing solutions through Amadeus GDS, Altéa PSS, and New Skies platforms.