Amada Co., Ltd. (OTCMKTS:AMDWF) Short Interest Down 51.2% in April

Amada Co., Ltd. (OTCMKTS:AMDWF) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 79,700 shares, a decline of 51.2% from the March 31st total of 163,200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 797.0 days.

Amada Price Performance

Shares of OTCMKTS AMDWF opened at $9.65 on Wednesday. The firm’s 50-day moving average is $9.65 and its two-hundred day moving average is $9.70. Amada has a 12-month low of $9.26 and a 12-month high of $10.98.

Amada Company Profile

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.