Amada Co., Ltd. (OTCMKTS:AMDLY) Short Interest Up 33.3% in September

Amada Co., Ltd. (OTCMKTS:AMDLY - Get Free Report) was the target of a large increase in short interest in September. As of September 30th, there was short interest totalling 400 shares, an increase of 33.3% from the September 15th total of 300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 4.0 days.

Amada Stock Performance

OTCMKTS:AMDLY remained flat at $42.96 during trading hours on Friday. The firm has a market capitalization of $3.66 billion, a PE ratio of 14.27 and a beta of 0.30. Amada has a 12 month low of $38.20 and a 12 month high of $48.97. The stock has a fifty day moving average of $40.17 and a 200-day moving average of $43.49.

Amada (OTCMKTS:AMDLY - Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.50 earnings per share for the quarter. Amada had a net margin of 9.46% and a return on equity of 7.10%. The company had revenue of $533.02 million for the quarter.

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.