Rand Worldwide Inc. (OTCMKTS:RWWI) Stock Short Interest Rises 213.9%

Rand Worldwide Inc. (OTCMKTS:RWWI) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 3,123 shares, an increase of 213.9% from the September 15th total of 995 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 38,130 shares, the days-to-cover ratio is presently 0.1 days.

Rand Worldwide Trading Down 0.2%

Shares of Rand Worldwide stock traded down $0.02 on Tuesday, reaching $7.50. 15,691 shares of the company were exchanged, compared to its average volume of 8,941. The stock has a fifty day moving average price of $11.18 and a 200-day moving average price of $13.42. The firm has a market capitalization of $252.07 million, a price-to-earnings ratio of 5.73 and a beta of 0.12. Rand Worldwide has a fifty-two week low of $7.21 and a fifty-two week high of $17.50.

Rand Worldwide (OTCMKTS:RWWI) last announced its earnings results on Wednesday, September 23rd. The technology company reported $0.15 EPS for the quarter. Rand Worldwide had a return on equity of 54.34% and a net margin of 23.33%. The business had revenue of $41.71 million during the quarter.

Rand Worldwide Company Profile

Rand Worldwide, Inc provides technology solutions, professional services and training to organizations in the architecture, engineering, construction, manufacturing and related industries. Its offerings are focused on helping customers adopt and use computer-aided design, building information modeling, product lifecycle management and other digital design technologies.

The company has historically operated through businesses including IMAGINiT Technologies, which provides consulting, implementation, support and managed services for design and engineering software, and ASCENT, which develops technical training materials and learning programs.