AmeraMex International Inc. (OTCMKTS:AMMX) Sees Significant Decline in Short Interest

AmeraMex International Inc. (OTCMKTS:AMMX) was the recipient of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 7,472 shares, a decline of 51.6% from the January 29th total of 15,429 shares. Based on an average trading volume of 72,706 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 72,706 shares, the days-to-cover ratio is presently 0.1 days.

AmeraMex International Price Performance

Shares of AmeraMex International stock remained flat at $0.17 during trading on Friday. 15,500 shares of the stock were exchanged, compared to its average volume of 38,026. The company has a current ratio of 1.22, a quick ratio of 0.20 and a debt-to-equity ratio of 1.49. The stock’s 50-day moving average is $0.14 and its two-hundred day moving average is $0.13. The firm has a market cap of $2.55 million, a price-to-earnings ratio of -8.45 and a beta of 0.32. AmeraMex International has a one year low of $0.08 and a one year high of $0.20.

About AmeraMex International

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.