Amadeus IT Group, S.A. (OTCMKTS:AMADY) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 47,300 shares, an increase of 178.2% from the January 15th total of 17,000 shares. Based on an average daily trading volume, of 276,300 shares, the short-interest ratio is currently 0.2 days.
A number of research firms recently weighed in on AMADY. UBS Group raised Amadeus IT Group from a “neutral” rating to a “buy” rating in a research report on Monday, November 29th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Amadeus IT Group in a research note on Monday, November 8th. BNP Paribas downgraded Amadeus IT Group from a “neutral” rating to an…