Short Interest in SoftwareONE Holding AG (OTCMKTS:SWONF) Grows by 15.3%

SoftwareONE Holding AG (OTCMKTS:SWONF) experienced a notable rise in short interest during January. As of January 31st, the total short interest had increased to 271,100 shares, reflecting a 15.3% growth from the 235,100 shares reported on January 15th. Given an average trading volume of 3,400 shares per day, the short-interest ratio currently stands at 79.7 days.

SoftwareONE Stock Performance

On Friday, SoftwareONE shares remained steady at $6.75. The stock has seen a low of $6.49 and a high of $20.36 over the past year. The fifty-day simple moving average is $6.86, while the 200-day simple moving average is significantly higher at $12.79.

Recent Analyst Ratings

SoftwareONE has been reviewed by several analysts recently. Citigroup upgraded the stock to a "hold" rating in a note dated November 18th. Additionally, Cantor Fitzgerald adjusted their rating for SoftwareONE from "strong sell" to "hold" on November 14th.

Overview of SoftwareONE

SoftwareONE Holding AG provides software and cloud solutions globally, including in regions like Switzerland, Europe, the Middle East, Africa, the United States, Canada, Latin America, and the Asia Pacific. The company specializes in delivering technology solutions aimed at modernizing applications and software within the cloud ecosystem. Their clientele includes large corporations, small and medium-sized businesses, as well as public sector entities.

Considerations for Investors

Before making investment decisions regarding SoftwareONE, it may be useful to explore alternative stock options recommended by top analysts. Many analysts have identified other stocks as favorable picks over SoftwareONE at this time.

SoftwareONE, Stocks, ShortInterest