Amada Co., Ltd. (OTCMKTS:AMDWF) Sees Significant Growth in Short Interest

Amada Co., Ltd. (OTCMKTS:AMDWF – Get Free Report) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 836,145 shares, a growth of 103.5% from the September 15th total of 410,787 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Amada Stock Performance

Shares of Amada stock opened at $18.43 on Thursday. Amada has a twelve month low of $16.29 and a twelve month high of $18.43. The business’s 50 day simple moving average is $18.42 and its 200-day simple moving average is $17.63.

About Amada

(Get Free Report)

Amada Co, Ltd. is a Japan-based manufacturer of machinery and technology for the sheet metal fabrication industry. The company develops equipment used to cut, punch, bend, weld and otherwise process metal, serving manufacturers in industries such as automotive, electronics, machinery and general industrial production.

Its product portfolio includes fiber laser and other cutting machines, turret punch presses, press brakes, shearing machines, laser welding systems, grinding equipment and automated material-handling solutions.

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