Short Interest in Amadeus IT Group, S.A. (OTCMKTS:AMADY) Declines By 98.0%

Amadeus IT Group, S.A. (OTCMKTS:AMADYGet Free Report) was the target of a large decline in short interest in July. As of July 31st, there was short interest totalling 100 shares, a decline of 98.0% from the July 15th total of 5,000 shares. Based on an average trading volume of 103,900 shares, the days-to-cover ratio is currently 0.0 days.

Amadeus IT Group Price Performance

AMADY stock traded up $0.49 during midday trading on Monday, hitting $62.10. The stock had a trading volume of 41,200 shares, compared to its average volume of 70,773. Amadeus IT Group has a 52-week low of $55.37 and a 52-week high of $74.39. The firm has a market cap of $27.98 billion, a price-to-earnings ratio of 27.99, a price-to-earnings-growth ratio of 2.76 and a beta of 1.32. The business has a 50-day moving average of $67.48 and a two-hundred day moving average of $66.16.

Amadeus IT Group Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, July 19th. Investors of record on Wednesday, July 3rd were given a dividend of $0.6456 per share. This is a boost from Amadeus IT Group’s previous dividend of $0.34. The ex-dividend date of this dividend was Wednesday, July 3rd.

About Amadeus IT Group

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Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through three segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services, and other processing solutions through Amadeus GDS, Altéa PSS, and New Skies platforms.

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