Amadeus IT Group, S.A. (OTCMKTS:AMADY) Short Interest Up 168.0% in August

Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 6,700 shares, an increase of 168.0% from the August 15th total of 2,500 shares. Based on an average daily volume of 63,500 shares, the short-interest ratio is presently 0.1 days.

Amadeus IT Group Stock Up 1.6 %

AMADY opened at $70.35 on Friday. Amadeus IT Group has a 52 week low of $55.37 and a 52 week high of $74.39. The business has a 50 day moving average price of $65.91 and a two-hundred day moving average price of $65.91.

Amadeus IT Group (OTCMKTS:AMADY) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.08. The firm had revenue of $1.68 billion for the quarter. As a group, equities analysts expect that Amadeus IT Group will post 3.01 EPS for the current fiscal year.

Amadeus IT Group Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, July 19th. Stockholders of record on Wednesday, July 3rd were issued a dividend of $0.6456 per share. This is a positive change from Amadeus IT Group’s previous dividend of $0.34. The ex-dividend date was Wednesday, July 3rd.

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.