Rand Worldwide Inc. (OTCMKTS:RWWI) Short Interest Up 66.7% in July

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 - ) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 500 shares, anincreaseof66.7% from the July 15th total of 300 shares. Currently,0.0% of the company's shares are sold short. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is currently 0.1 days. Currently,0.0% of the company's shares are sold short.

Rand Worldwide Stock Down 1.5%

OTCMKTS:RWWI traded down $0.23 during trading hours on Monday, hitting $15.00. The stock had a trading volume of 4,144 shares, compared to its average volume of 3,296. Rand Worldwide has a 1-year low of $13.75 and a 1-year high of $23.10. The company has a market cap of $504.15 million, a PE ratio of 11.28 and a beta of 0.05. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.02. The business has a 50 day simple moving average of $14.83 and a two-hundred day simple moving average of $15.48.

Rand Worldwide Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, August 14th. Shareholders of record on Friday, August 8th were given a dividend of $0.25 per share. The ex-dividend date was Thursday, August 7th. This represents a yield of 333.0%.

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.

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