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

SoftwareONE Holding AG (OTCMKTS:SWONF) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 250,900 shares, a growth of 25.7% from the October 31st total of 199,600 shares. Based on an average daily trading volume, of 13,700 shares, the days-to-cover ratio is presently 18.3 days.

SoftwareONE Price Performance

Shares of SWONF stock remained flat at $9.10 during trading on Friday. The company’s 50 day simple moving average is $13.81 and its 200 day simple moving average is $17.40. SoftwareONE has a one year low of $7.42 and a one year high of $20.36.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on SWONF. Cantor Fitzgerald raised SoftwareONE from a “strong sell” rating to a “hold” rating in a report on Thursday, November 14th. Citigroup upgraded shares of SoftwareONE to a “hold” rating in a report on Monday, November 18th.

SoftwareONE Company Profile

SoftwareONE Holding AG provides software and cloud solutions in Switzerland, Europe, the Middle East, Africa, the United States, Canada, Latin America, and the Asia Pacific. The company develops and delivers the technology solutions that modernise applications and software in the cloud. It serves large enterprises, corporates, small and medium-sized enterprises, and public sector organizations.