Could AMERAMEX INTERNATIONAL INC (OTCMKTS:AMMX) Skyrocket? The Stock Had Too Little Sellers

June 18, 2018 - By Adrian Erickson

The stock of AMERAMEX INTERNATIONAL INC (OTCMKTS:AMMX) registered a decrease of 86.7% in short interest. AMMX’s total short interest was 6,000 shares in June as published by FINRA. Its down 86.7% from 45,100 shares, reported previously.

The stock increased 19.20% or $0.0043 during the last trading session, reaching $0.0267. About shares traded. AmeraMex International, Inc. (OTCMKTS:AMMX) has 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

AmeraMex International, Inc. sells, leases, and rents heavy equipment to companies in heavy construction, surface mining, infrastructure, logging, shipping, and transportation industries. The company has market cap of $20.13 million. It carries an inventory of front end loaders, scrapers, excavators, backhoes, rock trucks, container handlers, log loaders, forklifts, wheel loaders, trucks, and trailers. It currently has negative earnings. The firm offers equipment for the handling of shipping containers; heavy equipment for logging, surface mining, heavy construction, transportation, and infrastructure projects; heavy construction equipment, including front end loaders, scrapers, excavators, backhoes, and rock trucks; and heavy haul equipment, including trucks and heavy haul trailers.

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