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

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

Amadeus IT Group Price Performance

AMADY opened at $71.69 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.54. Amadeus IT Group has a 12 month low of $58.51 and a 12 month high of $75.12. The company has a fifty day simple moving average of $71.89 and a 200 day simple moving average of $69.40. The stock has a market cap of $32.30 billion, a P/E ratio of 24.59, a P/E/G ratio of 2.76 and a beta of 1.29.

Wall Street Analyst Weigh In

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

About Amadeus IT Group

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.