Amada Co., Ltd. (OTCMKTS:AMDLY) Short Interest Update

Amada Co., Ltd. (OTCMKTS:AMDLY) was the recipient of a significant decline in short interest during the month of 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 volume of 100 shares, the days-to-cover ratio is currently 2.0 days.

Amada Price Performance

Shares of Amada stock opened at $37.85 on Friday. The firm has a market cap of $3.23 billion, a PE ratio of 13.19 and a beta of 0.25. The company’s fifty day simple moving average is $40.81 and its two-hundred day simple moving average is $42.09. Amada has a 12-month low of $36.63 and a 12-month high of $48.97.

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.