Short Interest in Amada Co., Ltd. (OTCMKTS:AMDLY) Declines By 50.0%

Amada Co., Ltd. (OTCMKTS:AMDLY - Get Free Report) was the recipient of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 200 shares, a decrease of 50.0% from the November 15th total of 400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 2.0 days.

Amada Stock Performance

AMDLY stock remained flat at $37.85 on Thursday. The company had a trading volume of 4 shares, compared to its average volume of 224. The firm's 50-day moving average price is $40.92 and its two-hundred day moving average price is $42.15. The company has a market capitalization of $3.23 billion, a P/E ratio of 13.19 and a beta of 0.29. 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.