Rand Worldwide Inc. (OTCMKTS:RWWI) Sees Large Increase in Short Interest

Rand Worldwide Inc. (OTCMKTS:RWWI) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,086 shares, an increase of 729.0% from the August 15th total of 131 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 11,990 shares, the days-to-cover ratio is currently 0.1 days.

Rand Worldwide Price Performance

RWWI opened at $12.00 on Friday. The firm has a 50 day simple moving average of $13.05 and a 200 day simple moving average of $14.36. Rand Worldwide has a fifty-two week low of $11.75 and a fifty-two week high of $17.50. The company has a market cap of $403.32 million, a price-to-earnings ratio of 10.34 and a beta of 0.08.

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.