SoftwareOne Holding AG (OTCMKTS:SWONF) Sees Large Growth in Short Interest

SoftwareOne Holding AG (OTCMKTS:SWONF) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 1,475,397 shares, a growth of 24.6% from the February 12th total of 1,183,770 shares. Based on an average trading volume of 370 shares, the short-interest ratio is currently 3,987.6 days. Based on an average trading volume of 370 shares, the short-interest ratio is currently 3,987.6 days.

SoftwareOne Price Performance

Shares of SWONF opened at $8.74 on Monday. SoftwareOne has a 1-year low of $5.83 and a 1-year high of $11.34. The firm has a fifty day moving average price of $9.72 and a 200 day moving average price of $10.13.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley lowered shares of SoftwareOne to an “underweight” rating in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, SoftwareOne presently has an average rating of “Reduce”.

About SoftwareOne

SoftwareOne (OTCMKTS:SWONF) is a global provider of end-to-end software and cloud portfolio solutions, helping organizations optimize their software licensing, cloud migrations and ongoing digital transformation initiatives. The company partners with leading software publishers, hyperscalers and managed service providers to deliver advisory, procurement and lifecycle management services under a unified engagement model. Its platform-agnostic approach enables clients to simplify complex licensing scenarios, reduce costs and improve governance across on-premises, cloud and hybrid environments.

Founded in 1985 in Stans, Switzerland, SoftwareOne has expanded through organic growth and strategic acquisitions to establish a presence in more than 90 countries worldwide.