Short Interest in Amada Co., Ltd. (OTCMKTS:AMDWF) Declines By 35.0%

Amada Co., Ltd. (OTCMKTS:AMDWF) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 33,500 shares, a drop of 35.0% from the December 15th total of 51,500 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 335.0 days.

Amada Price Performance

Shares of OTCMKTS:AMDWF remained flat at $9.65 during trading on Friday. Amada has a twelve month low of $9.26 and a twelve month high of $10.98. The business has a 50-day moving average of $9.53 and a 200-day moving average of $10.03.

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.