Rand Worldwide Inc. (OTCMKTS:RWWI) Sees Significant Growth in Short Interest

Rand Worldwide Inc. (OTCMKTS:RWWI) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 1,063 shares, an increase of 17,616.7% from the December 15th total of 6 shares. Based on an average trading volume of 4,536 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 4,536 shares, the days-to-cover ratio is presently 0.2 days.

Rand Worldwide Stock Up 2.4%

Shares of RWWI traded up $0.34 during trading hours on Monday, reaching $14.44. 3,100 shares of the company traded hands, compared to its average volume of 2,514. The stock has a market capitalization of $485.33 million, a PE ratio of 15.53 and a beta of 0.13. The stock has a fifty day simple moving average of $14.50 and a 200 day simple moving average of $14.72. Rand Worldwide has a fifty-two week low of $13.50 and a fifty-two week high of $20.00.

Rand Worldwide (OTCMKTS:RWWI) last announced its earnings results on Thursday, November 20th. The technology company reported $0.21 earnings per share for the quarter. The firm had revenue of $38.24 million during the quarter. Rand Worldwide had a net margin of 26.13% and a return on equity of 75.35%.

About Rand Worldwide

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.