Amadeus IT Group, S.A. (OTCMKTS:AMADY – Get Rating) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 9,700 shares, a growth of 1,112.5% from the April 30th total of 800 shares. Based on an average daily volume of 182,000 shares, the days-to-cover ratio is currently 0.1 days.
Several research firms have issued reports on AMADY. Exane BNP Paribas lowered shares of Amadeus IT Group from a “neutral” rating to an “underperform” rating in a report on Monday, February 7th. Zacks Investment Research raised shares of Amadeus IT Group from a “sell” rating to a “buy” rating and set a $69.00 price target on the stock in a…