Amadeus IT Group, S.A. (OTCMKTS:AMADY) Short Interest Down 86.8% in September

Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totalling 1,000 shares, a drop of 86.8% from the September 15th total of 7,600 shares. Based on an average daily trading volume, of 66,400 shares, the days-to-cover ratio is presently 0.0 days.

Amadeus IT Group Stock Up 0.2 %

Shares of Amadeus IT Group stock opened at $71.93 on Friday. Amadeus IT Group has a twelve month low of $55.37 and a twelve month high of $75.12. The firm’s 50-day moving average price is $68.28 and its 200 day moving average price is $67.22.

Amadeus IT Group (OTCMKTS:AMADY) last released its earnings results on Wednesday, July 31st. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.08. Amadeus IT Group had a net margin of 20.02% and a return on equity of 24.69%. The business had revenue of $1.68 billion for the quarter. As a group, analysts anticipate that Amadeus IT Group will post 3.03 earnings per share for the current year.

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.