Amada Co., Ltd. (OTCMKTS:AMDWF) Short Interest Update

Amada Co., Ltd. (OTCMKTS:AMDWF) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 366,100 shares, an increase of 1,364.4% from the November 15th total of 25,000 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 1,220.3 days.

Amada Price Performance

Amada stock opened at $9.46 on Friday. Amada has a 12 month low of $9.26 and a 12 month high of $10.98. The stock’s 50 day moving average is $9.94 and its 200-day moving average is $10.10.

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.