AmeraMex International Inc. (OTCMKTS:AMMX) Stock Short Interest Rises 65,071.4%

AmeraMex International Inc. (OTCMKTS:AMMX) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 4,562 shares, an increase of 65,071.4% from the August 31st total of 7 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 44,481 shares, the days-to-cover ratio is currently 0.1 days.

AmeraMex International Price Performance

Shares of OTCMKTS AMMX remained flat at $0.10 during mid-day trading on Thursday. The company has a market cap of $1.51 million, a PE ratio of 1.67 and a beta of 0.29. The business’s 50 day moving average is $0.12 and its 200 day moving average is $0.15. AmeraMex International has a fifty-two week low of $0.08 and a fifty-two week high of $0.19. The company has a quick ratio of 0.44, a current ratio of 2.04 and a debt-to-equity ratio of 3.28.

AmeraMex International Company Profile

AmeraMex International, Inc is a heavy-equipment company based in the United States. The company sells and leases new and used equipment used in construction, infrastructure development, mining, forestry, logging, shipping and related industrial applications.

Its equipment offerings have included container handlers, reach stackers, forklifts, cranes, loaders, graders, bulldozers, excavators and other specialized machinery. AmeraMex serves commercial and industrial customers as well as government agencies that require equipment for material handling, transportation, site preparation and large-scale development projects.

The company has operated as a provider of heavy equipment and related services since the 2000s.