AmeraMex International Inc. (OTCMKTS:AMMX) Stock Short Interest Rises 65,071.4%

AmeraMex International Inc. (OTCMKTS:AMMX) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 4,562 shares, an increase of 65,071.4% from the August 31st total of 7 shares. Based on an average daily volume of 44,481 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

AmeraMex International Price Performance

AMMX stock remained flat at $0.10 during trading on Thursday. The firm has a market capitalization of $1.51 million, a P/E ratio of 1.67 and a beta of 0.29. The company has a debt-to-equity ratio of 3.28, a current ratio of 2.04 and a quick ratio of 0.44. The company’s 50 day simple moving average is $0.12 and its 200 day simple moving average is $0.15. AmeraMex International has a 12 month low of $0.08 and a 12 month high of $0.19.

About AmeraMex International

AmeraMex International, Inc is a heavy-equipment company based in the United States. The company sells and leases new and used equipment used in construction, infrastructure development, mining, forestry, logging, shipping and related industrial applications.

Its equipment offerings have included container handlers, reach stackers, forklifts, cranes, loaders, graders, bulldozers, excavators and other specialized machinery. AmeraMex serves commercial and industrial customers as well as government agencies that require equipment for material handling, transportation, site preparation and large-scale development projects.

The company has operated as a provider of heavy equipment and related services since the 2000s.