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

Rand Worldwide, Inc. (OTCMKTS:RWWI) saw a large drop in short interest in February. As of February 15th, there was short interest totalling 100 shares, a drop of 94.1% from the January 31st total of 1,700 shares. Based on an average daily trading volume, of 3,200 shares, the short-interest ratio is presently 0.0 days.

Rand Worldwide Stock Performance

Shares of RWWI remained flat at $16.50 during mid-day trading on Friday. 1,200 shares of the stock were exchanged, compared to its average volume of 5,670. Rand Worldwide has a 1 year low of $16.01 and a 1 year high of $23.10. The firm has a market capitalization of $554.28 million, a PE ratio of 11.46 and a beta of 0.11. The stock’s 50 day moving average price is $18.70 and its two-hundred day moving average price is $19.69. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.00 and a current ratio of 1.00.

Rand Worldwide (OTCMKTS:RWWI) last posted its quarterly earnings results on Wednesday, January 29th. The technology company reported $0.32 earnings per share for the quarter. Rand Worldwide had a net margin of 15.31% and a return on equity of 122.04%.

Rand Worldwide Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 24th will be given a $0.25 dividend. The ex-dividend date of this dividend is Monday, February 24th. Rand Worldwide’s payout ratio is currently 17.36%.

About Rand Worldwide

Rand Worldwide, Inc provides design automation and data management solutions primarily in the United States and Canada. It operates in five divisions: IMAGINiT Technologies, Rand Simulation, Facilities Management, ASCENT, and Rand 3D. The IMAGINiT Technologies division resells Autodesk solutions and system integration, and consulting services to customers in the manufacturing, infrastructure, building, and media and entertainment industries; resells Twinmotion visualization software, which provides design professionals to transform architectural models and designs into photorealistic images and immersive videos; offers a range of 3D laser scanning equipment and related software to help architectural, engineering, and construction firms; and sells its own proprietary software products and related services.