Short Interest in SoftwareONE Holding AG (OTCMKTS:SWONF) Increases By 25.7%

SoftwareONE Holding AG (OTCMKTS:SWONF) was the target of a large 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 days-to-cover ratio is presently 18.3 days.

Analysts Set New Price Targets

A number of analysts have commented on SWONF shares. Cantor Fitzgerald upgraded shares of SoftwareONE from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 14th. Citigroup raised SoftwareONE to a “hold” rating in a report on Monday, November 18th.

SoftwareONE Stock Up 1.2 %

Shares of SoftwareONE stock opened at $9.10 on Monday. SoftwareONE has a 12-month low of $7.42 and a 12-month high of $20.36. The stock’s fifty day moving average is $13.81 and its 200-day moving average is $17.40.

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.