Short Interest in Rand Worldwide Inc. (OTCMKTS:RWWI) Decreases By 71.1%

Rand Worldwide Inc. (OTCMKTS:RWWI) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 131 shares, a decrease of 71.1% from the July 30th total of 454 shares. Based on an average daily trading volume, of 982 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Rand Worldwide Stock Performance

RWWI traded up $0.04 on Thursday, reaching $12.17. 19,550 shares of the company’s stock were exchanged, compared to its average volume of 8,232. The company has a market cap of $409.03 million, a price-to-earnings ratio of 10.49 and a beta of 0.09. Rand Worldwide has a twelve month low of $11.86 and a twelve month high of $17.50. The company’s 50 day moving average is $13.61 and its 200-day moving average is $14.71.

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.