AmeraMex International, Inc. (OTCMKTS:AMMX) Short Interest Up 625.0% in November

AmeraMex International, Inc. (OTCMKTS:AMMX) was the target of a significant increase in short interest in 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 volume of 41,900 shares, the short-interest ratio is presently 0.1 days.

AmeraMex International Price Performance

Shares of AMMX traded down $0.03 during trading hours on Wednesday, hitting $0.18. 210,725 shares of the stock were exchanged, compared to its average volume of 86,255. The stock’s 50-day moving average price is $0.37 and its two-hundred day moving average price 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 company has a market cap of $2.56 million, a price-to-earnings ratio of -2.27 and a beta of 0.39. AmeraMex International has a 12-month low of $0.09 and a 12-month high of $0.48.

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.