AmeraMex International Inc. (OTCMKTS:AMMX) Shares Shorted: Short Interest Up 65,071.4% in September

AmeraMex International Inc. (OTCMKTS:AMMX – Get Free Report) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 4,562 shares, a growth of 65,071.4% from the August 31st total of 7 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 44,481 shares, the short-interest ratio is currently 0.1 days.

AmeraMex International Price Performance

AMMX stock opened at $0.10 on Friday. The stock has a market cap of $1.51 million, a P/E ratio of 1.67 and a beta of 0.29. The company has a current ratio of 2.04, a quick ratio of 0.44 and a debt-to-equity ratio of 3.28. AmeraMex International has a twelve month low of $0.08 and a twelve month high of $0.19. The company’s 50 day moving average is $0.12 and its two-hundred day moving average is $0.15.

About AmeraMex International

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AmeraMex International, Inc is a heavy-equipment company based in the United States. The company sells and leases new and used equipment used in construction, infrastructure development, mining, forestry, logging, shipping and related industrial applications.

Its equipment offerings have included container handlers, reach stackers, forklifts, cranes, loaders, graders, bulldozers, excavators and other specialized machinery. AmeraMex serves commercial and industrial customers as well as government agencies that require equipment for material handling, transportation, site preparation and large-scale development projects.

The company has operated as a provider of heavy equipment and related services since the 2000s.

Further Reading

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