Amada Co., Ltd. (OTCMKTS:AMDWF) Short Interest Update

Amada Co., Ltd. (OTCMKTS:AMDWF) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 147,700 shares, a decrease of 45.6% from the March 31st total of 271,700 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 1,477.0 days.

Amada Price Performance

Shares of OTCMKTS AMDWF opened at $9.77 on Friday. The stock’s fifty day simple moving average is $9.77 and its two-hundred day simple moving average is $9.87. Amada has a 12-month low of $9.77 and a 12-month high of $10.71.

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.