Short Interest in Amada Co., Ltd. (OTCMKTS:AMDLY) Declines By 66.7%

Amada Co., Ltd. (OTCMKTS:AMDLY) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 100 shares, a decrease of 66.7% from the March 31st total of 300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 1.0 days.

Amada Price Performance

AMDLY stock remained flat at $44.54 during mid-day trading on Friday. The business has a fifty day simple moving average of $44.76 and a 200 day simple moving average of $41.88. The company has a market capitalization of $3.80 billion, a P/E ratio of 14.05 and a beta of 0.31. Amada has a 12-month low of $39.77 and a 12-month high of $48.97.

Amada (OTCMKTS:AMDLY) last posted its earnings results on Thursday, February 8th. The company reported $0.66 earnings per share (EPS) for the quarter. Amada had a net margin of 9.74% and a return on equity of 7.36%. The firm had revenue of $664.78 million during the quarter.

About Amada

Amada Co, Ltd., together with its subsidiaries, manufactures, sells, leases, repairs, maintains, checks, and inspects metalworking machinery, software, and peripheral equipment in Japan, North America, Europe, Asia, and internationally. It offers sheet metal fabrication machines, including laser machines, punch and laser combination machines, turret punch presses, press brakes, bending robots, and welders, as well as software solutions; general fabrication machines, such as shearing and deburring machines, corner shear, iron worker, AMS SPACE series, horizontal benders, tapping and fastener insertion machines, and environment related products; cutting fluids, lubricants, and other consumables; and a range of tools for bending and punching.