Short Interest in Rand Worldwide Inc. (OTCMKTS:RWWI) Increases By 1,850.0%

Rand Worldwide Inc. (OTCMKTS:RWWIGet Free Report) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 117 shares, an increase of 1,850.0% from the February 26th total of 6 shares. Based on an average trading volume of 7,277 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 7,277 shares, the days-to-cover ratio is presently 0.0 days.

Rand Worldwide Trading Down 1.0%

Shares of RWWI stock opened at $14.75 on Wednesday. The stock has a 50 day simple moving average of $15.55 and a 200-day simple moving average of $14.97. The company has a market cap of $495.75 million, a price-to-earnings ratio of 12.19 and a beta of 0.11. Rand Worldwide has a 12-month low of $13.01 and a 12-month high of $17.50.

Rand Worldwide (OTCMKTS:RWWIGet Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.60 earnings per share for the quarter. Rand Worldwide had a return on equity of 92.21% and a net margin of 28.30%.The firm had revenue of $62.83 million for the quarter.

About Rand Worldwide

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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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