SoftwareOne Holding AG (OTCMKTS:SWONF) Sees Large Increase in Short Interest

SoftwareOne Holding AG (OTCMKTS:SWONF) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 1,254,267 shares, a growth of 107.5% from the April 30th total of 604,336 shares. Based on an average daily trading volume, of 45,655 shares, the short-interest ratio is currently 27.5 days. Currently, 0.8% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of SoftwareOne in a report on Friday, May 22nd. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Reduce”.

SoftwareOne Price Performance

Shares of OTCMKTS:SWONF opened at $10.64 on Monday. The company has a 50 day moving average of $8.88 and a 200-day moving average of $9.68. SoftwareOne has a twelve month low of $7.50 and a twelve month high of $11.34.

About SoftwareOne

SoftwareOne (OTCMKTS:SWONF) is a global provider of end-to-end software and cloud portfolio solutions, helping organizations optimize their software licensing, cloud migrations and ongoing digital transformation initiatives. The company partners with leading software publishers, hyperscalers and managed service providers to deliver advisory, procurement and lifecycle management services under a unified engagement model. Its platform-agnostic approach enables clients to simplify complex licensing scenarios, reduce costs and improve governance across on-premises, cloud and hybrid environments.

Founded in 1985 in Stans, Switzerland, SoftwareOne has expanded through organic growth and strategic acquisitions to establish a presence in more than 90 countries worldwide.