Amada Co., Ltd. (OTCMKTS:AMDWF) Sees Significant Increase in Short Interest

Amada Co., Ltd. (OTCMKTS:AMDWF) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 68,200 shares, a growth of 215.7% from the January 15th total of 21,600 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ? days.

Amada Price Performance

AMDWF stock remained flat at $9.65 during trading on Wednesday. Amada has a one year low of $9.26 and a one year high of $10.98. The firm has a 50 day moving average price of $9.55 and a two-hundred day moving average price of $9.85.

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.