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

Amada Co., Ltd. (OTCMKTS:AMDWF) was the recipient of a large decline in short interest in the month of August. As of August 15th, there was short interest totalling 154,600 shares, a decline of 17.7% from the July 31st total of 187,800 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 515.3 days.

Amada Price Performance

OTCMKTS:AMDWF opened at $9.60 on Friday. The company has a 50-day moving average of $10.49 and a 200-day moving average of $10.02. Amada has a 52 week low of $9.60 and a 52 week high of $10.98.

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.