Software Aktiengesellschaft (OTCMKTS:SWDAF) Short Interest Up 166.7% in March

Software Aktiengesellschaft (OTCMKTS:SWDAF) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 800 shares, an increase of 166.7% from the February 29th total of 300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 8.0 days.

Software Aktiengesellschaft Price Performance

SWDAF remained flat at $44.87 during trading on Thursday. The business’s 50 day moving average is $42.17 and its 200 day moving average is $39.01. Software Aktiengesellschaft has a fifty-two week low of $38.98 and a fifty-two week high of $44.87.

About Software Aktiengesellschaft

Software Aktiengesellschaft provides software development, licensing, maintenance, and IT services in Germany, the United States, and internationally. It operates in three segments: Digital Business, Adabas & Natural, and Professional Services. The company offers Internet of Things (IoT) and analytics solutions comprising Cumulocity IoT for integrating digital equipment and sensors through an IoT device management and application enablement platform, as well as provides streaming analytics for big data analytics in real time and solutions for predictive analytics, artificial intelligence (AI), and machine learning; and TrendMiner, an intuitive web-based analytics platform for visualization of industrial processes and process data.