Rand Worldwide Inc. (OTCMKTS:RWWI) Short Interest Up 17,616.7% in December

Rand Worldwide Inc. (OTCMKTS:RWWI) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 1,063 shares, an increase of 17,616.7% from the December 15th total of 6 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 4,536 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 4,536 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Rand Worldwide Stock Performance

OTCMKTS:RWWI opened at $14.44 on Tuesday. The business’s 50-day simple moving average is $14.50 and its 200 day simple moving average is $14.72. Rand Worldwide has a one year low of $13.50 and a one year high of $20.00. The stock has a market cap of $485.33 million, a price-to-earnings ratio of 15.53 and a beta of 0.13.

Rand Worldwide (OTCMKTS:RWWI) last released its quarterly earnings results on Thursday, November 20th. The technology company reported $0.21 earnings per share for the quarter. The business had revenue of $38.24 million during the quarter. Rand Worldwide had a net margin of 26.13% and a return on equity of 75.35%.

Rand Worldwide Company Profile

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.