Short Interest in Amadeus IT Group, S.A. (OTCMKTS:AMADY) Expands By 5,750.0%

Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 81,900 shares, a growth of 5,750.0% from the March 31st total of 1,400 shares. Based on an average trading volume of 187,600 shares, the days-to-cover ratio is currently 0.4 days.

Amadeus IT Group Price Performance

Shares of AMADY opened at $63.66 on Friday. The company’s fifty day moving average is $62.93 and its two-hundred day moving average is $65.58. Amadeus IT Group has a 1 year low of $55.37 and a 1 year high of $76.70.

Amadeus IT Group (OTCMKTS:AMADY) last announced its quarterly earnings data on Wednesday, February 28th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.07. The firm had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.41 billion. On average, sell-side analysts predict that Amadeus IT Group will post 2.99 earnings per share for the current year.

About Amadeus IT Group

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through three segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services, and other processing solutions through Amadeus GDS, Altéa PSS, and New Skies platforms.