Rand Worldwide, Inc. (OTCMKTS:RWWI) Sees Large Decrease in Short Interest

Rand Worldwide, Inc. (OTCMKTS:RWWI) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 1,700 shares, a decline of 15.0% from the December 15th total of 2,000 shares. Based on an average daily volume of 88,900 shares, the days-to-cover ratio is currently 0.0 days.

Rand Worldwide Stock Performance

Shares of OTCMKTS RWWI traded up $0.75 during midday trading on Friday, reaching $19.00. The company’s stock had a trading volume of 2,324 shares, compared to its average volume of 25,366. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.14. The company has a 50 day moving average price of $20.27 and a 200 day moving average price of $20.06. Rand Worldwide has a one year low of $16.05 and a one year high of $23.10.

Rand Worldwide Company Profile

Rand Worldwide, Inc provides design automation and data management solutions primarily in the United States and Canada. It operates in five divisions: IMAGINiT Technologies, Rand Simulation, Facilities Management, ASCENT, and Rand 3D. The IMAGINiT Technologies division resells Autodesk solutions and system integration, and consulting services to customers in the manufacturing, infrastructure, building, and media and entertainment industries; resells Twinmotion visualization software, which provides design professionals to transform architectural models and designs into photorealistic images and immersive videos; offers a range of 3D laser scanning equipment and related software to help architectural, engineering, and construction firms; and sells its own proprietary software products and related services.