Short Interest in Amadeus IT Group, S.A. (OTCMKTS:AMADY) Rises By 300.0%

Amadeus IT Group, S.A. (OTCMKTS:AMADY) saw a large growth in short interest in November. As of November 15th, there was short interest totalling 8,800 shares, a growth of 300.0% from the October 31st total of 2,200 shares. Based on an average daily volume of 79,900 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein cut Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 19th.

Amadeus IT Group Stock Performance

Shares of AMADY stock traded up $0.41 during trading hours on Friday, hitting $69.59. 25,116 shares of the company’s stock were exchanged, compared to its average volume of 39,009. The stock’s 50-day moving average is $71.92 and its 200-day moving average is $69.27. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.85 and a quick ratio of 0.85. Amadeus IT Group has a 52 week low of $58.51 and a 52 week high of $75.12.

Amadeus IT Group Company Profile

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through three segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services, and other processing solutions through Amadeus GDS, Altéa PSS, and New Skies platforms.