Short Interest in Nemetschek SE (OTCMKTS:NEMTF) Increases By 58.2%

Nemetschek SE (OTCMKTS:NEMTFGet Free Report) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 332,984 shares, an increase of 58.2% from the August 15th total of 210,462 shares. Based on an average trading volume of 24 shares, the short-interest ratio is currently 13,874.3 days.

Nemetschek Price Performance

Shares of OTCMKTS NEMTF opened at $61.00 on Friday. The business’s 50 day moving average is $61.00 and its two-hundred day moving average is $69.21. Nemetschek has a 1-year low of $61.00 and a 1-year high of $107.89.

Nemetschek Company Profile

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Nemetschek SE is a Munich-based software developer specializing in solutions for the architecture, engineering and construction (AEC) industries as well as the media and entertainment sectors. The company’s platforms encompass computer-aided design (CAD), building information modeling (BIM), visualisation and project management, enabling stakeholders across planning, design, construction and operation to collaborate on complex building and infrastructure projects.

Founded in 1963 by Prof.

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