Nemetschek SE (OTCMKTS:NEMTF – Get Free Report) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 111,600 shares, a growth of 24.8% from the February 28th total of 89,400 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 558.0 days.
Nemetschek Price Performance
Shares of NEMTF remained flat at $125.02 during mid-day trading on Tuesday. Nemetschek has a 12 month low of $120.02 and a 12 month high of $125.32. The firm has a 50-day moving average price of $107.92 and a two-hundred day moving average price of $103.92.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Nemetschek in a report on Friday, March 21st.
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.
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