Nemetschek SE (OTCMKTS:NEMTF) Short Interest Up 24.8% in March

Nemetschek SE (OTCMKTS:NEMTF) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 111,600 shares, an increase of 24.8% from the February 28th total of 89,400 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 558.0 days.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Nemetschek in a research note on Friday, March 21st.

Nemetschek Price Performance

Shares of NEMTF remained flat at $125.02 during mid-day trading on Tuesday. Nemetschek has a 52 week low of $120.02 and a 52 week high of $125.32. The business has a 50 day simple moving average of $107.92 and a 200 day simple moving average of $103.92.

Nemetschek Company Profile

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.