Short Interest in Rand Worldwide Inc. (OTCMKTS:RWWI) Increases By 66.7%

Key Points

• Rand Worldwide Inc. experienced a significant increase in short interest, rising by 66.7% to a total of 500 shares as of July 31st.
• The company's stock price decreased by 1.5%, closing at $15.00 with a market cap of $504.15 million.
• Rand Worldwide declared a dividend of $0.25 per share, which represents a substantial yield of 333.0%.

Rand Worldwide Inc. (OTCMKTS:RWWI - Get Free Report) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 500 shares, agrowthof66.7% from the July 15th total of 300 shares. Based on an average daily volume of 4,400 shares, the short-interest ratio is presently 0.1 days. Approximately0.0% of the company's shares are sold short. Approximately0.0% of the company's shares are sold short. Based on an average daily volume of 4,400 shares, the short-interest ratio is presently 0.1 days.

Rand Worldwide Trading Down 1.3%

OTCMKTS:RWWI traded down $0.20 during trading hours on Friday, reaching $14.80. 635 shares of the stock were exchanged, compared to its average volume of 4,867. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.02. The business has a 50-day moving average of $14.85 and a two-hundred day moving average of $15.40. Rand Worldwide has a twelve month low of $13.75 and a twelve month high of $23.10. The company has a market capitalization of $497.41 million, a price-to-earnings ratio of 11.13 and a beta of 0.05.

Rand Worldwide Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, August 14th. Shareholders of record on Friday, August 8th were paid a dividend of $0.25 per share. This represents a yield of 333.0%. The ex-dividend date was Thursday, August 7th. Rand Worldwide's dividend payout ratio is 18.80%.

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.