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

SoftwareOne Holding AG (OTCMKTS:SWONF) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 1,254,267 shares, a growth of 107.5% from the April 30th total of 604,336 shares. Based on an average daily volume of 45,655 shares, the days-to-cover ratio is currently 27.5 days. Currently, 0.8% of the company’s shares are sold short.

SoftwareOne Stock Down 0.3%

Shares of SoftwareOne stock traded down $0.03 during trading on Tuesday, hitting $11.04. The company’s stock had a trading volume of 4,500 shares, compared to its average volume of 12,955. The company has a fifty day simple moving average of $8.93 and a two-hundred day simple moving average of $9.69. SoftwareOne has a 52 week low of $7.50 and a 52 week high of $11.34.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of SoftwareOne in a research note on Friday, May 22nd. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, SoftwareOne currently has a consensus rating of “Reduce”.

SoftwareOne Company Profile

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.