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

SoftwareONE Holding AG (OTCMKTS:SWONF) was the recipient of a significant growth in short interest in 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 short-interest ratio is presently 18.3 days.

Wall Street Analysts Forecast Growth

SWONF has been the topic of several research reports. Citigroup raised SoftwareONE to a “hold” rating in a report on Monday, November 18th. Cantor Fitzgerald raised SoftwareONE from a “strong sell” rating to a “hold” rating in a report on Thursday, November 14th.

SoftwareONE Stock Performance

Shares of SWONF opened at $9.10 on Friday. The company has a 50-day moving average of $13.81 and a two-hundred day moving average of $17.40. SoftwareONE has a one year low of $7.42 and a one year high of $20.36.

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.