Software Aktiengesellschaft (OTCMKTS:STWRY) Sees Large Decrease in Short Interest


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Software Aktiengesellschaft (OTCMKTS:STWRY) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 600 shares, a decrease of 71.4% from the March 15th total of 2,100 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 0.7 days.

A number of analysts have recently weighed in on the stock. Barclays restated an “underweight” rating on shares of Software Aktiengesellschaft in a report on Monday, March 8th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Software Aktiengesellschaft in a report on Wednesday, January 13th. Morgan Stanley upgraded Software Aktiengesellschaft to a “neutral” rating in a research note on Thursday, March 18th. UBS Group reaffirmed a “buy” rating on shares of Software Aktiengesellschaft in a research report on Thursday, February 4th. Finally, Bryan, Garnier & Co upgraded shares of Software Aktiengesellschaft from a “sell” rating to a “buy” rating in a research note on Wednesday, February 24th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold”.

Shares of OTCMKTS:STWRY traded down $0.06 during trading on Tuesday, hitting $10.66. 1,530 shares of the stock traded hands, compared to its average volume of 928. The company has a fifty day moving average price of $10.66 and a two-hundred day moving average price of $10.68. Software Aktiengesellschaft has a 52-week low of $7.90 and a 52-week high of $13.00.

Software Aktiengesellschaft (OTCMKTS:STWRY) last posted its earnings results on Wednesday, January 27th. The company reported $0.20 EPS for the quarter. The business had revenue of $283.66 million for the quarter.

About Software Aktiengesellschaft

Software Aktiengesellschaft provides software development, licensing, and maintenance; and information technology (IT) services worldwide. It operates through three segments: Digital Business Platform, Adabas & Natural, and Professional Services. The company offers Adabas & Natural, a transaction processing platform; Alfabet for use in IT planning and portfolio management, as well as enterprise architecture management; Apama, a platform for streaming analytics and automated actions on big data; and Architecture for Integrated Information Systems, a platform that makes processes transparent, controlled, manageable, and agile.

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