Amada Co., Ltd. (OTCMKTS:AMDWF – Get Free Report) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 338,851 shares, a decline of 59.5% from the September 30th total of 836,145 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Amada Stock Performance
OTCMKTS AMDWF opened at $18.22 on Thursday. Amada has a 52 week low of $16.29 and a 52 week high of $18.43. The company has a 50-day moving average price of $18.41 and a two-hundred day moving average price of $16.35.
About Amada
Amada Co, Ltd. is a Japan-based manufacturer of machinery and technology for the sheet metal fabrication industry. The company develops equipment used to cut, punch, bend, weld and otherwise process metal, serving manufacturers in industries such as automotive, electronics, machinery and general industrial production.
Its product portfolio includes fiber laser and other cutting machines, turret punch presses, press brakes, shearing machines, laser welding systems, grinding equipment and automated material-handling solutions.
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