Short Interest in Amada Co., Ltd. (OTCMKTS:AMDWF) Decreases By 77.7%

Amada Co., Ltd. (OTCMKTS:AMDWF) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 65,700 shares, a decline of 77.7% from the September 30th total of 295,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.

Amada Price Performance

Shares of Amada stock opened at $9.65 on Wednesday. Amada has a twelve month low of $9.26 and a twelve month high of $10.98. The company’s fifty day moving average is $9.65 and its 200 day moving average is $9.65.

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.