Short Interest in Rand Worldwide Inc. (OTCMKTS:RWWI) Drops By 84.8%

Rand Worldwide Inc. (OTCMKTS:RWWI) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 129 shares, a decline of 84.8% from the May 31st total of 846 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 3,569 shares, the days-to-cover ratio is presently 0.0 days.

Rand Worldwide Stock Down 4.6%

Shares of RWWI opened at $13.82 on Friday. The firm has a market cap of $464.48 million, a price-to-earnings ratio of 11.91 and a beta of 0.09. The company’s fifty day moving average is $14.89 and its 200-day moving average is $15.06. Rand Worldwide has a 12 month low of $13.01 and a 12 month high of $17.50.

Rand Worldwide (OTCMKTS:RWWI) last released its quarterly earnings data on Wednesday, April 29th. The technology company reported $999.00 earnings per share (EPS) for the quarter. The business had revenue of $47.85 million during the quarter. Rand Worldwide had a net margin of 27.20% and a return on equity of 70.93%.

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.