AmeraMex International, Inc. (OTCMKTS:AMMX) Sees Large Growth in Short Interest

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

AmeraMex International Stock Performance

AMMX opened at $0.22 on Thursday. AmeraMex International has a 12-month low of $0.09 and a 12-month high of $0.48. The company has a current ratio of 1.30, a quick ratio of 0.21 and a debt-to-equity ratio of 1.14. The firm has a market capitalization of $3.04 million, a PE ratio of -2.69 and a beta of 0.39. The firm has a 50 day moving average of $0.37 and a two-hundred day moving average of $0.24.

About AmeraMex International

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.