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

SoftwareOne Holding AG (OTCMKTS:SWONF) saw 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. Currently, 0.8% of the shares of the stock are sold short. Based on an average trading volume of 45,655 shares, the short-interest ratio is presently 27.5 days.

SoftwareOne Stock Performance

SWONF stock opened at $10.64 on Monday. SoftwareOne has a 52-week low of $7.50 and a 52-week high of $11.34. The company’s 50 day simple moving average is $8.88 and its 200-day simple moving average is $9.68.

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 analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

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.