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

Amada Co., Ltd. (OTCMKTS:AMDWF) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 160,500 shares, an increase of 267.3% from the February 28th total of 43,700 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Amada Price Performance

Shares of AMDWF opened at $9.65 on Friday. Amada has a twelve month low of $9.26 and a twelve month high of $10.98. The stock’s fifty day simple moving average is $9.65 and its 200 day simple moving average is $9.77.

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.