Short Interest in Rand Worldwide, Inc. (OTCMKTS:RWWI) Drops By 50.0%

Rand Worldwide, Inc. (OTCMKTS:RWWI) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 100 shares, a drop of 50.0% from the February 28th total of 200 shares. Based on an average daily volume of 6,300 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Rand Worldwide Price Performance

Shares of OTCMKTS:RWWI traded down $0.30 during midday trading on Friday, hitting $15.55. The company had a trading volume of 2,137 shares, compared to its average volume of 4,968. The business’s 50-day simple moving average is $17.06 and its 200-day simple moving average is $19.13. The stock has a market cap of $522.37 million, a price-to-earnings ratio of 10.80 and a beta of 0.15. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.00 and a quick ratio of 1.00. Rand Worldwide has a twelve month low of $15.17 and a twelve month high of $23.10.

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

Rand Worldwide Announces Dividend

The company also recently declared a dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 24th were paid a $0.25 dividend. The ex-dividend date was Monday, February 24th. Rand Worldwide’s dividend payout ratio (DPR) is 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.