Nemetschek SE (OTCMKTS:NEMTF – Get Free Report) was the recipient of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 223,277 shares, a decrease of 32.8% from the February 26th total of 332,320 shares. Based on an average trading volume of 570 shares, the days-to-cover ratio is presently 391.7 days.
Nemetschek Stock Performance
Shares of OTCMKTS:NEMTF remained flat at $80.10 on Friday. The stock’s 50-day simple moving average is $90.36 and its 200-day simple moving average is $117.39. Nemetschek has a 1-year low of $75.15 and a 1-year high of $107.89.
About Nemetschek
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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