Short Interest in Software Aktiengesellschaft (OTCMKTS:SWDAF) Rises By 35.5%

Software Aktiengesellschaft (OTCMKTS:SWDAFGet Rating) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totalling 10,300 shares, a growth of 35.5% from the April 15th total of 7,600 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 103.0 days.

Separately, UBS Group dropped their price objective on shares of Software Aktiengesellschaft from €44.50 ($46.84) to €44.00 ($46.32) and set a “buy” rating on the stock in a report on Thursday, February 24th.

SWDAF opened at $37.24 on Monday. Software Aktiengesellschaft has a 12 month low of $35.54 and a 12 month high of $50.32. The company has a 50 day moving average of $36.97 and a 200 day moving average of $38.18.

Software Aktiengesellschaft Company Profile (Get Rating)

Software Aktiengesellschaft provides software development, licensing, maintenance, and IT services in Germany, the United States, and internationally. It operates through three segments: Digital Business Platform, Adabas & Natural, and Professional Services. The company offers Internet of Things (IoT) and analytics solutions comprising Cumulocity IoT for integrating digital equipment and sensors through an IoT device management and application enablement platform, as well as provides streaming analytics for big data analytics in real time and solutions for predictive analytics, artificial intelligence (AI), and machine learning; and TrendMiner, an intuitive Web-based analytics platform for visualization of industrial processes and process data.

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