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

AmeraMex International, Inc. (OTCMKTS:AMMX) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 2,900 shares, an increase of 625.0% from the October 31st total of 400 shares. Based on an average daily trading volume, of 41,900 shares, the short-interest ratio is presently 0.1 days.

AmeraMex International Stock Performance

Shares of AmeraMex International stock traded up $0.03 during trading hours on Friday, reaching $0.22. The company’s stock had a trading volume of 229,580 shares, compared to its average volume of 108,206. AmeraMex International has a one year low of $0.09 and a one year high of $0.48. The company’s 50 day simple moving average is $0.36 and its 200 day simple moving average is $0.24. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.21 and a current ratio of 1.30. The stock has a market cap of $3.04 million, a P/E ratio of -2.69 and a beta of 0.39.

AmeraMex International Company Profile

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.