AmeraMex International, Inc. (OTCMKTS:AMMX) Sees Large Increase in Short Interest

AmeraMex International, Inc. (OTCMKTS:AMMX) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 5,900 shares, an increase of 181.0% from the September 30th total of 2,100 shares. Based on an average trading volume of 14,900 shares, the short-interest ratio is currently 0.4 days.

AmeraMex International Price Performance

OTCMKTS:AMMX opened at $0.35 on Monday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.21 and a current ratio of 1.30. The company has a 50-day moving average of $0.36 and a 200-day moving average of $0.21. AmeraMex International has a 52 week low of $0.09 and a 52 week high of $0.45. The company has a market capitalization of $4.92 million, a price-to-earnings ratio of -34.84 and a beta of 0.38.

AmeraMex International (OTCMKTS:AMMX) last issued its earnings results on Friday, August 16th. The company reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $3.78 million during the quarter. AmeraMex International had a negative return on equity of 4.04% and a negative net margin of 1.09%.

About AmeraMex International

AmeraMex International, Inc sells, leases, and rents new and refurbished heavy equipment primarily in the United States. Its products are used in light and infrastructure construction, shipping logistics, logging, mining, transportation, commercial farming, and forestry industries. The company also sells parts; and provides repair and maintenance services.