Rand Worldwide Inc. (OTCMKTS:RWWI) Short Interest Up 729.0% in August

by · The Markets Daily

Rand Worldwide Inc. (OTCMKTS:RWWI – Get Free Report) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,086 shares, an increase of 729.0% from the August 15th total of 131 shares. Based on an average daily trading volume, of 11,990 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Rand Worldwide Stock Down 4.4%

Shares of OTCMKTS RWWI opened at $12.00 on Friday. The company has a market capitalization of $403.32 million, a PE ratio of 10.34 and a beta of 0.08. Rand Worldwide has a twelve month low of $11.75 and a twelve month high of $17.50. The firm has a fifty day simple moving average of $13.12 and a 200 day simple moving average of $14.37.

Rand Worldwide Company Profile

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Rand Worldwide (OTCMKTS:RWWI) is a provider of software and professional services for the architecture, engineering and manufacturing markets. The company partners with leading application vendors to offer design software solutions—such as computer-aided design (CAD), building information modeling (BIM) and product lifecycle management (PLM)—and augments those offerings with technical consulting, implementation support, custom application development and training.

The company’s portfolio includes specialized engineering software for power system analysis, data management and collaboration tools, and industry-specific design applications.

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