Short Interest in Amada Co., Ltd. (OTCMKTS:AMDWF) Increases By 267.3%

Amada Co., Ltd. (OTCMKTS:AMDWF) was the target of a significant increase in short interest in 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 days-to-cover ratio is presently ∞ days.

Amada Price Performance

OTCMKTS:AMDWF opened at $9.65 on Thursday. The firm has a 50 day simple moving average of $9.65 and a 200-day simple moving average of $9.77. Amada has a 1-year low of $9.26 and a 1-year 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.