Short Interest in Rand Worldwide Inc. (OTCMKTS:RWWI) Decreases By 71.1%

Rand Worldwide Inc. (OTCMKTS:RWWI) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 131 shares, a decline of 71.1% from the July 30th total of 454 shares. Based on an average daily trading volume, of 982 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Rand Worldwide Price Performance

Shares of OTCMKTS RWWI opened at $12.16 on Friday. The stock has a market capitalization of $408.70 million, a price-to-earnings ratio of 10.48 and a beta of 0.09. The business has a 50-day moving average of $13.51 and a 200-day moving average of $14.65. Rand Worldwide has a fifty-two week low of $11.86 and a fifty-two week high of $17.50.

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.