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

AmeraMex International Inc. (OTCMKTS:AMMX) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 15,429 shares, a growth of 1,027.0% from the January 15th total of 1,369 shares. Based on an average daily volume of 2,544 shares, the short-interest ratio is currently 6.1 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 2,544 shares, the short-interest ratio is currently 6.1 days.

AmeraMex International Stock Up 3.6%

Shares of OTCMKTS:AMMX opened at $0.16 on Wednesday. The company has a quick ratio of 0.20, a current ratio of 1.22 and a debt-to-equity ratio of 1.49. The firm has a market cap of $2.43 million, a P/E ratio of -8.03 and a beta of 0.32. AmeraMex International has a 12 month low of $0.08 and a 12 month high of $0.22. The company’s 50-day moving average price is $0.13 and its two-hundred day moving average price is $0.12.

AmeraMex International (OTCMKTS:AMMX) last posted its quarterly earnings results on Tuesday, November 18th. The company reported $0.01 earnings per share (EPS) for the quarter. AmeraMex International had a negative return on equity of 4.94% and a negative net margin of 0.81%.The business had revenue of $3.89 million for 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.