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

Rand Worldwide Inc. (OTCMKTS:RWWI) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 117 shares, an increase of 1,850.0% from the February 26th total of 6 shares. Based on an average daily volume of 7,277 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 7,277 shares, the short-interest ratio is presently 0.0 days.

Rand Worldwide Price Performance

RWWI traded down $0.15 during trading hours on Tuesday, reaching $14.75. 18,263 shares of the stock traded hands, compared to its average volume of 2,946. Rand Worldwide has a fifty-two week low of $13.01 and a fifty-two week high of $17.50. The company has a market cap of $495.75 million, a price-to-earnings ratio of 12.19 and a beta of 0.11. The firm’s fifty day simple moving average is $15.55 and its two-hundred day simple moving average is $14.97.

Rand Worldwide (OTCMKTS:RWWI) last issued its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.60 EPS for the quarter. The firm had revenue of $62.83 million for the quarter. Rand Worldwide had a net margin of 28.30% and a return on equity of 92.21%.

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.