Nemetschek SE (OTCMKTS:NEMTF) Short Interest Down 16.7% in January

Nemetschek SE (OTCMKTS:NEMTF) was the target of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 82,200 shares, a drop of 16.7% from the January 15th total of 98,700 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 822.0 days.

Nemetschek Price Performance

Shares of NEMTF stock opened at $102.50 on Friday. The company’s fifty day simple moving average is $102.50 and its 200-day simple moving average is $100.36. Nemetschek has a 52 week low of $95.01 and a 52 week high of $102.50.

About Nemetschek

Nemetschek SE provides software solutions for architecture, engineering, construction, media, and entertainment markets in Germany, rest of Europe, the Americas, the Asia Pacific, and internationally. It operates through four segments: Design, Build, Manage, and Media. The Design segment offers software solutions primarily under the Allplan, Graphisoft, Solibri, Precast, Vectorworks, SCIA, dRofus, Frilo, and RISA brands for architects, designers, engineers, structural engineers, specialist planners, and landscape designers, as well as developers and general contractors.