Amada Co., Ltd. (OTCMKTS:AMDWF – Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 154,837 shares, a decrease of 54.3% from the October 15th total of 338,851 shares. Based on an average daily volume of 1 shares, the days-to-cover ratio is presently 154,837.0 days.
Amada Price Performance
Shares of OTCMKTS AMDWF remained flat at $18.22 during mid-day trading on Friday. Amada has a 1-year low of $16.29 and a 1-year high of $18.43. The stock has a 50 day moving average price of $18.36 and a 200-day moving average price of $16.86.
About Amada
Amada Co., Ltd. is a Japan-based manufacturer of machinery and technology for the metalworking and sheet-metal fabrication industries. The company develops and supplies equipment used to cut, form, weld, bend and finish metal components for manufacturers across a range of industrial sectors. Its product portfolio includes fiber and other laser cutting systems, turret punch presses, press brakes, shearing machines, automated material-handling systems, band saws, grinding machines and related fabrication equipment.
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