Short Interest Change: SOFTECH INCORPORATED (OTCMKTS:SOFT) on Focus After Report of More Shorts

November 16, 2016 - By Clifton Ray   ·   0 Comments

Short Interest Change: SOFTECH INCORPORATED (OTCMKTS:SOFT) on Focus After Report of More Shorts

The stock of SOFTECH INCORPORATED (OTCMKTS:SOFT) registered an increase of 44.44% in short interest. SOFT’s total short interest was 1,300 shares in November as published by FINRA. Its up 44.44% from 900 shares, reported previously. With 400 shares average volume, it will take short sellers 3 days to cover their SOFT’s short positions. The stock last traded at $0.5 per share. It is down 70.59% since April 14, 2016 and is downtrending. It has underperformed by 75.27% the S&P500.

SofTech, Inc. is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The company has a market cap of $451,860. The Company’s service offerings include consulting, training and discrete engineering services. It currently has negative earnings. These solutions include software technology offerings for computer aided design , and product data management (PDM) and collaboration technologies.

SOFT Company Profile

SofTech, Inc., incorporated on June 11, 1969, is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The Company’s service offerings include consulting, training and discrete engineering services. These solutions include software technology offerings for computer aided design (CAD), and product data management (PDM) and collaboration technologies. In addition, the Company offers a technology platform that allows data exchange between various third party technology offerings known as the Company’s connector offering. The Firm operates in the United States and Europe, and has sales and customer support offices in the United States and Italy. The Firm also operates through re-sellers in North America, Europe and Asia. The Company’s products include ProductCenter, Connector Platform, HomeView and CADRA.

More notable recent SofTech, Inc. (OTCMKTS:SOFT) news were published by: Businesswire.com which released: “SofTech Enters into Agreement to Sell PLM Product Line to Essig Research Inc.” on August 24, 2016, also Prweb.com with their article: “Softech, Inc. Selects Tesia as Exclusive Clearinghouse Partner” published on February 03, 2015, Bna.com published: “Justices Won’t Review Second Circuit Ruling On Driver Privacy Act Reseller …” on January 17, 2014. More interesting news about SofTech, Inc. (OTCMKTS:SOFT) were released by: Theguardian.com and their article: “Job brokers steal wages and entrap Indian tech workers in US” published on October 28, 2014 as well as Law360.com‘s news article titled: “Harassed Man Takes Data-Broker Liability Suit To High Court” with publication date: November 01, 2013.

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By Clifton Ray


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