Amada Co., Ltd. (OTCMKTS:AMDWF) Short Interest Down 17.7% in August

Amada Co., Ltd. (OTCMKTS:AMDWF) was the recipient of a significant decline in short interest during the month of August. As of August 15th, there was short interest totalling 154,600 shares, a decline of 17.7% from the July 31st total of 187,800 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 515.3 days.

Amada Trading Down 12.6 %

Amada stock opened at $9.60 on Monday. The business’s 50-day moving average price is $10.49 and its two-hundred day moving average price is $10.02. Amada has a 12-month low of $9.60 and a 12-month high of $10.98.

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.