Short Interest in AmeraMex International Inc. (OTCMKTS:AMMX) Drops By 99.9%

AmeraMex International Inc. (OTCMKTS:AMMX) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 7 shares, a decrease of 99.9% from the March 15th total of 4,668 shares. Based on an average daily volume of 8,305 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

AmeraMex International Price Performance

AMMX opened at $0.16 on Friday. The firm has a 50-day simple moving average of $0.16 and a two-hundred day simple moving average of $0.14. AmeraMex International has a 52 week low of $0.08 and a 52 week high of $0.19. The company has a market capitalization of $2.44 million, a PE ratio of 2.31 and a beta of 0.27. The company has a quick ratio of 0.20, a current ratio of 1.22 and a debt-to-equity ratio of 1.49.

AmeraMex International (OTCMKTS:AMMX) last released its quarterly earnings data on Tuesday, March 10th. The company reported $0.04 EPS for the quarter. AmeraMex International had a net margin of 8.02% and a return on equity of 41.23%. The business had revenue of $4.19 million during the quarter.

About AmeraMex International

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. It serves customers in the United States, Canada, Latin America, Asia, and Africa. The company was founded in 1989 and is based in Chico, California.