Amada Co., Ltd. (OTCMKTS:AMDWF) Short Interest Up 215.7% in January

Amada Co., Ltd. (OTCMKTS:AMDWF) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 68,200 shares, a growth of 215.7% from the January 15th total of 21,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Amada Price Performance

Shares of OTCMKTS AMDWF opened at $9.65 on Thursday. The stock’s fifty day moving average price is $9.56 and its two-hundred day moving average price is $9.85. Amada has a one year low of $9.26 and a one year 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.