SoftwareOne Holding AG (OTCMKTS:SWONF) Short Interest Up 24.6% in February

SoftwareOne Holding AG (OTCMKTS:SWONF) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 1,475,397 shares, a growth of 24.6% from the February 12th total of 1,183,770 shares. Based on an average daily volume of 370 shares, the days-to-cover ratio is presently 3,987.6 days. Based on an average daily volume of 370 shares, the days-to-cover ratio is presently 3,987.6 days.

SoftwareOne Stock Up 1.3%

Shares of SWONF opened at $8.74 on Friday. The stock’s 50 day moving average is $9.72 and its two-hundred day moving average is $10.12. SoftwareOne has a twelve month low of $5.83 and a twelve month high of $11.34.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley lowered shares of SoftwareOne to an “underweight” rating in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce”.

SoftwareOne Company Profile

SoftwareOne (OTCMKTS:SWONF) is a global provider of end-to-end software and cloud portfolio solutions, helping organizations optimize their software licensing, cloud migrations and ongoing digital transformation initiatives. The company partners with leading software publishers, hyperscalers and managed service providers to deliver advisory, procurement and lifecycle management services under a unified engagement model. Its platform-agnostic approach enables clients to simplify complex licensing scenarios, reduce costs and improve governance across on-premises, cloud and hybrid environments.

Founded in 1985 in Stans, Switzerland, SoftwareOne has expanded through organic growth and strategic acquisitions to establish a presence in more than 90 countries worldwide.