Rand Worldwide Inc. (OTCMKTS:RWWI) Sees Significant Growth in Short Interest

Rand Worldwide Inc. (OTCMKTS:RWWI) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 771 shares, an increase of 161.4% from the April 30th total of 295 shares. Based on an average daily trading volume, of 6,744 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 Performance

Shares of RWWI opened at $14.51 on Friday. Rand Worldwide has a 52-week low of $13.01 and a 52-week high of $17.50. The business’s 50 day moving average price is $15.21 and its two-hundred day moving average price is $15.08. The firm has a market cap of $487.68 million, a PE ratio of 12.51 and a beta of 0.09.

Rand Worldwide (OTCMKTS:RWWI) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $999.00 earnings per share (EPS) for the quarter. Rand Worldwide had a return on equity of 74.95% and a net margin of 27.20%.The firm had revenue of $47.85 million for the quarter.

About Rand Worldwide

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.