Amada Co., Ltd. (OTCMKTS:AMDWF) Short Interest Down 30.5% in February

Amada Co., Ltd. (OTCMKTS:AMDWF) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 47,400 shares, a decline of 30.5% from the January 31st total of 68,200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Amada Price Performance

OTCMKTS AMDWF opened at $9.65 on Tuesday. The business has a 50 day simple moving average of $9.61 and a 200 day simple moving average of $9.77. Amada has a 52-week low of $9.26 and a 52-week 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.