Amadeus IT Group, S.A. (OTCMKTS:AMADY) Sees Large Drop in Short Interest

Amadeus IT Group, S.A. (OTCMKTS:AMADYGet Free Report) saw a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 2,200 shares, a decrease of 67.6% from the October 15th total of 6,800 shares. Based on an average trading volume of 79,000 shares, the short-interest ratio is presently 0.0 days.

Amadeus IT Group Trading Down 0.9 %

OTCMKTS AMADY traded down $0.69 on Tuesday, reaching $72.42. 29,799 shares of the company’s stock traded hands, compared to its average volume of 35,057. The stock has a 50 day moving average price of $71.81 and a 200-day moving average price of $68.85. Amadeus IT Group has a fifty-two week low of $58.51 and a fifty-two week high of $75.12.

Amadeus IT Group Company Profile

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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.

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