Amada Co., Ltd. (OTCMKTS:AMDWF – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 836,145 shares, a growth of 103.5% from the September 15th total of 410,787 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Amada Stock Performance
Shares of AMDWF opened at $18.43 on Friday. The stock has a fifty day moving average price of $18.42 and a 200 day moving average price of $17.64. Amada has a 12 month low of $16.29 and a 12 month high of $18.43.
Amada Company Profile
Amada Co, Ltd. is a Japan-based manufacturer of machinery and technology for the sheet metal fabrication industry. The company develops equipment used to cut, punch, bend, weld and otherwise process metal, serving manufacturers in industries such as automotive, electronics, machinery and general industrial production.
Its product portfolio includes fiber laser and other cutting machines, turret punch presses, press brakes, shearing machines, laser welding systems, grinding equipment and automated material-handling solutions.
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