AmeraMex International Inc. (OTCMKTS:AMMX) Short Interest Update

AmeraMex International Inc. (OTCMKTS:AMMX) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 15,429 shares, an increase of 1,027.0% from the January 15th total of 1,369 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 2,544 shares, the short-interest ratio is presently 6.1 days. Based on an average daily volume of 2,544 shares, the short-interest ratio is presently 6.1 days. Currently, 0.2% of the shares of the stock are sold short.

AmeraMex International Price Performance

AmeraMex International stock traded up $0.01 during midday trading on Tuesday, reaching $0.16. The company had a trading volume of 49,538 shares, compared to its average volume of 22,167. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.22 and a quick ratio of 0.20. AmeraMex International has a 12-month low of $0.08 and a 12-month high of $0.22. The company has a market capitalization of $2.43 million, a P/E ratio of -8.03 and a beta of 0.31. The firm’s fifty day simple moving average is $0.13 and its 200-day simple moving average is $0.12.

AmeraMex International (OTCMKTS:AMMX) last announced its earnings results on Tuesday, November 18th. The company reported $0.01 EPS for the quarter. The business had revenue of $3.89 million during the quarter. AmeraMex International had a negative return on equity of 4.94% and a negative net margin of 0.81%.

AmeraMex International Company Profile

AmeraMex International, Inc sells, leases, and rents new and refurbished heavy equipment primarily in the United States. Its products are used in light and infrastructure construction, shipping logistics, logging, mining, transportation, commercial farming, and forestry industries. The company also sells parts; and provides repair and maintenance services. It serves customers in the United States, Canada, Latin America, Asia, and Africa. The company was founded in 1989 and is based in Chico, California.