Amada Co., Ltd. (OTCMKTS:AMDLY) Sees Significant Drop in Short Interest

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

Amada Stock Performance

OTCMKTS AMDLY remained flat at $44.54 on Thursday. 87 shares of the company were exchanged, compared to its average volume of 24. The stock has a market capitalization of $3.80 billion, a price-to-earnings ratio of 14.05 and a beta of 0.31. The company’s 50 day moving average price is $44.68 and its 200-day moving average price is $41.86. Amada has a twelve month low of $39.77 and a twelve month high of $48.97.

Amada (OTCMKTS:AMDLY) last released its quarterly earnings results on Thursday, February 8th. The company reported $0.66 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 for the quarter.

Amada Company Profile

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.