Short Interest in Amada Co., Ltd. (OTCMKTS:AMDWF) Increases By 1,364.4%

Amada Co., Ltd. (OTCMKTS:AMDWF) was the target of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 366,100 shares, an increase of 1,364.4% from the November 15th total of 25,000 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 1,220.3 days.

Amada Price Performance

Shares of AMDWF remained flat at $9.46 during trading hours on Wednesday. Amada has a twelve month low of $9.26 and a twelve month high of $10.98. The company has a 50-day simple moving average of $9.97 and a two-hundred day simple moving average of $10.11.

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.