SoftwareOne Holding AG (OTCMKTS:SWONF) Sees Large Growth in Short Interest

SoftwareOne Holding AG (OTCMKTS:SWONF) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,254,267 shares, an increase of 107.5% from the April 30th total of 604,336 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 45,655 shares, the days-to-cover ratio is currently 27.5 days.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of SoftwareOne in a research note on Friday, May 22nd. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, SoftwareOne currently has a consensus rating of “Reduce”.

SoftwareOne Price Performance

OTCMKTS SWONF opened at $11.04 on Wednesday. The business has a fifty day moving average price of $8.93 and a 200 day moving average price of $9.69. SoftwareOne has a one year low of $7.50 and a one year high of $11.34.

SoftwareOne Company Profile

SoftwareOne (OTCMKTS:SWONF) is a global provider of end-to-end software and cloud portfolio solutions, helping organizations optimize their software licensing, cloud migrations and ongoing digital transformation initiatives. The company partners with leading software publishers, hyperscalers and managed service providers to deliver advisory, procurement and lifecycle management services under a unified engagement model. Its platform-agnostic approach enables clients to simplify complex licensing scenarios, reduce costs and improve governance across on-premises, cloud and hybrid environments.

Founded in 1985 in Stans, Switzerland, SoftwareOne has expanded through organic growth and strategic acquisitions to establish a presence in more than 90 countries worldwide.