Amadeus IT Group, S.A. (OTCMKTS:AMADY) Sees Large Decrease in Short Interest

Amadeus IT Group, S.A. (OTCMKTS:AMADY) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totalling 8,500 shares, a decline of 89.6% from the April 15th total of 81,900 shares. Based on an average daily volume of 167,900 shares, the days-to-cover ratio is currently 0.1 days.

Amadeus IT Group Stock Performance

OTCMKTS AMADY traded up $0.68 on Friday, reaching $66.75. The company had a trading volume of 36,140 shares, compared to its average volume of 85,023. Amadeus IT Group has a fifty-two week low of $55.37 and a fifty-two week high of $76.70. The business has a 50 day moving average of $62.88 and a two-hundred day moving average of $65.95.

Amadeus IT Group (OTCMKTS:AMADY) last issued its quarterly earnings results on Wednesday, February 28th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.07. The business had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.41 billion. Sell-side analysts expect that Amadeus IT Group will post 2.99 EPS 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.