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

AmeraMex International, Inc. (OTCMKTS:AMMX) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 900 shares, a decline of 55.0% from the February 29th total of 2,000 shares. Based on an average trading volume of 10,000 shares, the days-to-cover ratio is currently 0.1 days.

AmeraMex International Stock Performance

Shares of AMMX stock opened at $0.16 on Thursday. AmeraMex International has a 12-month low of $0.10 and a 12-month high of $0.49. The business’s fifty day simple moving average is $0.16 and its 200-day simple moving average is $0.16. The company has a current ratio of 2.29, a quick ratio of 0.23 and a debt-to-equity ratio of 0.91. The company has a market cap of $2.26 million, a PE ratio of -4.00 and a beta of 0.35.

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.