AmeraMex International, Inc. (OTCMKTS:AMMX) Sees Large Growth in Short Interest

AmeraMex International, Inc. (OTCMKTS:AMMX) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 2,600 shares, a growth of 116.7% from the February 28th total of 1,200 shares. Based on an average daily volume of 10,400 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

AmeraMex International Stock Performance

Shares of OTCMKTS AMMX opened at $0.20 on Friday. AmeraMex International has a 1 year low of $0.09 and a 1 year high of $0.48. The firm has a market cap of $2.75 million, a P/E ratio of -2.44 and a beta of 0.45. The stock has a fifty day moving average price of $0.20 and a two-hundred day moving average price of $0.27. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.13 and a current ratio of 1.01.

AmeraMex International Company Profile

AmeraMex International, Inc sells, leases, and rents new and refurbished heavy equipment primarily in the United States. Its products are used in light and infrastructure construction, shipping logistics, logging, mining, transportation, commercial farming, and forestry industries. The company also sells parts; and provides repair and maintenance services.