Amada Co., Ltd. (OTCMKTS:AMDLY) Short Interest Down 75.0% in October

Amada Co., Ltd. (OTCMKTS:AMDLY) was the target of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 100 shares, a decline of 75.0% from the October 15th total of 400 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 1.0 days.

Amada Price Performance

Shares of Amada stock opened at $42.96 on Thursday. The company has a market cap of $3.66 billion, a PE ratio of 14.27 and a beta of 0.29. The firm has a fifty day moving average price of $41.55 and a two-hundred day moving average price of $43.13. Amada has a fifty-two week low of $38.20 and a fifty-two week high of $48.97.

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.