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

SoftwareONE Holding AG (OTCMKTS:SWONF) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 271,100 shares, an increase of 15.3% from the January 15th total of 235,100 shares. Based on an average trading volume of 3,400 shares, the days-to-cover ratio is presently 79.7 days.

Analyst Upgrades and Downgrades

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

SoftwareONE Stock Performance

SWONF opened at $6.75 on Friday. The firm’s 50-day moving average price is $6.86 and its 200-day moving average price is $12.74. SoftwareONE has a 52-week low of $6.49 and a 52-week high of $20.36.

About SoftwareONE

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.