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

Rand Worldwide Inc. (OTCMKTS:RWWI) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 771 shares, a growth of 161.4% from the April 30th total of 295 shares. Based on an average daily volume of 6,744 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Rand Worldwide Stock Down 2.6%

Shares of OTCMKTS:RWWI opened at $14.51 on Friday. Rand Worldwide has a twelve month low of $13.01 and a twelve month high of $17.50. The stock’s 50 day moving average is $15.21 and its 200-day moving average is $15.08. The firm has a market capitalization of $487.68 million, a price-to-earnings ratio of 12.51 and a beta of 0.09.

Rand Worldwide (OTCMKTS:RWWI) last issued its earnings results on Wednesday, April 29th. The technology company reported $999.00 earnings per share for the quarter. Rand Worldwide had a return on equity of 74.95% and a net margin of 27.20%.The company had revenue of $47.85 million for the quarter.

Rand Worldwide Company Profile

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.