Amadeus IT Group, S.A. (OTCMKTS:AMADY) Short Interest Down 53.4% in November

Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the target of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 4,100 shares, a drop of 53.4% from the November 15th total of 8,800 shares. Based on an average daily volume of 65,300 shares, the short-interest ratio is currently 0.1 days.

Amadeus IT Group Stock Performance

AMADY opened at $70.72 on Friday. The company’s fifty day moving average price is $71.89 and its two-hundred day moving average price is $69.43. Amadeus IT Group has a 1-year low of $58.51 and a 1-year high of $75.12. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.85 and a current ratio of 0.85.

Wall Street Analysts Forecast Growth

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

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.