Rand Worldwide Inc. (OTCMKTS:RWWI) Stock Short Interest Rises 73.4%

Rand Worldwide Inc. (OTCMKTS:RWWI) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 5,416 shares, a growth of 73.4% from the September 30th total of 3,123 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 22,839 shares, the short-interest ratio is currently 0.2 days.

Rand Worldwide Price Performance

OTCMKTS RWWI opened at $7.00 on Tuesday. Rand Worldwide has a fifty-two week low of $6.55 and a fifty-two week high of $17.50. The stock’s 50-day moving average is $9.40 and its two-hundred day moving average is $13.43. The firm has a market cap of $235.27 million, a P/E ratio of 5.23 and a beta of 0.12.

Rand Worldwide (OTCMKTS:RWWI) last released its quarterly earnings results on Wednesday, September 23rd. The technology company reported $0.15 earnings per share (EPS) for the quarter. The company had revenue of $41.71 million during the quarter. Rand Worldwide had a return on equity of 54.34% and a net margin of 23.33%.

About Rand Worldwide

Rand Worldwide, Inc is a technology and professional services company serving organizations involved in architecture, engineering, construction, manufacturing, and related design-intensive industries. Its activities have centered on helping customers implement and use computer-aided design, building information modeling, product design, and engineering software.

The company has provided software products and related services, including software implementation, technical consulting, systems integration, training, support, and workflow optimization.