Will RenoWorks Software Inc. Short Squeeze Soon?

 Will RenoWorks Software Inc. Short Squeeze Soon?

The stock of RenoWorks Software Inc. (CVE:RW) is a huge mover today! About 79,000 shares traded hands or 135.73% up from the average. RenoWorks Software Inc. (CVE:RW) has risen 6.00% since October 4, 2016 and is uptrending. It has outperformed by 4.79% the S&P500.
The move comes after 8 months negative chart setup for the $7.71M company. It was reported on Nov, 3 by Barchart.com. We have $0.25 PT which if reached, will make CVE:RW worth $925,200 less.

More notable recent RenoWorks Software Inc. (CVE:RW) news were published by: Reuters.com which released: “BRIEF-Renoworks Software names Debbie Carter-Ross as CFO” on August 24, 2016, also Marketwired.com with their article: “Renoworks Announces New Enterprise Technology and Exercising of Options” published on November 03, 2016, Marketwired.com published: “RenoWorks and HOVER Enter into Strategic Alliance” on January 12, 2015. More interesting news about RenoWorks Software Inc. (CVE:RW) were released by: Marketwired.com and their article: “Renoworks Announces Launch of Renoworks PRO(TM)” published on March 08, 2016 as well as Marketwired.com‘s news article titled: “Renoworks Announces 2016 Second Quarter Financial Results and Names New CFO” with publication date: August 24, 2016.

RenoWorks Software Inc. develops and distributes digital visualization software for the renovation and new home construction sectors, primarily in the United States and Canada. The company has a market cap of $7.71 million. The Firm provides its technology to manufacturers, contractors, builders and retailers. It currently has negative earnings. RenoWorks markets its software as a generation tool from three business lines: enterprise, RenoWorks PRO and its Software Development Kit .

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