Amadeus IT Group, S.A. (OTCMKTS:AMADY) Short Interest Up 9.8% in December

Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 4,500 shares, an increase of 9.8% from the November 30th total of 4,100 shares. Based on an average trading volume of 221,300 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein lowered shares of Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 19th.

Amadeus IT Group Stock Performance

Amadeus IT Group stock opened at $70.54 on Wednesday. Amadeus IT Group has a 12-month low of $58.51 and a 12-month high of $75.12. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $31.78 billion, a price-to-earnings ratio of 23.83, a price-to-earnings-growth ratio of 2.85 and a beta of 1.29. The firm’s fifty day moving average price is $71.47 and its 200 day moving average price is $69.33.

Amadeus IT Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Thursday, January 16th will be given a dividend of $0.3706 per share. The ex-dividend date is Thursday, January 16th. Amadeus IT Group’s payout ratio is 25.00%.

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.