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

Rand Worldwide Inc. (OTCMKTS:RWWIGet Free Report) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 131 shares, a drop of 71.1% from the July 30th total of 454 shares. Based on an average daily trading volume, of 982 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Rand Worldwide Price Performance

OTCMKTS:RWWI opened at $12.17 on Friday. The firm has a 50-day moving average of $13.56 and a 200-day moving average of $14.67. The company has a market cap of $409.03 million, a PE ratio of 10.49 and a beta of 0.09. Rand Worldwide has a one year low of $11.86 and a one year high of $17.50.

Rand Worldwide Company Profile

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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.

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