Nemetschek SE (OTCMKTS:NEMTF) Sees Significant Increase in Short Interest

Nemetschek SE (OTCMKTS:NEMTF) was the recipient of a significant increase in short interest in 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 daily trading volume, of 200 shares, the short-interest ratio is currently 558.0 days.

Wall Street Analysts Forecast Growth

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

Nemetschek Price Performance

Nemetschek stock opened at $125.02 on Wednesday. The business’s fifty day moving average is $108.37 and its 200 day moving average is $104.12. Nemetschek has a one year low of $120.02 and a one year high of $125.32.

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.