Short Interest in AmeraMex International Inc. (OTCMKTS:AMMX) Grows By 1,027.0%

AmeraMex International Inc. (OTCMKTS:AMMX) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 15,429 shares, a growth of 1,027.0% from the January 15th total of 1,369 shares. Based on an average daily volume of 2,544 shares, the days-to-cover ratio is currently 6.1 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 2,544 shares, the days-to-cover ratio is currently 6.1 days.

AmeraMex International Trading Up 3.6%

OTCMKTS:AMMX traded up $0.01 on Tuesday, hitting $0.16. The stock had a trading volume of 49,538 shares, compared to its average volume of 22,167. The company has a fifty day moving average price of $0.13 and a two-hundred day moving average price of $0.12. AmeraMex International has a 1-year low of $0.08 and a 1-year high of $0.22. The company has a quick ratio of 0.20, a current ratio of 1.22 and a debt-to-equity ratio of 1.49. The stock has a market cap of $2.43 million, a price-to-earnings ratio of -8.03 and a beta of 0.31.

AmeraMex International (OTCMKTS:AMMX) last announced its quarterly earnings results on Tuesday, November 18th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $3.89 million during the quarter. AmeraMex International had a negative net margin of 0.81% and a negative return on equity of 4.94%.

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. It serves customers in the United States, Canada, Latin America, Asia, and Africa. The company was founded in 1989 and is based in Chico, California.