QuoteMedia, Inc. (OTCMKTS:QMCI) Sees Significant Growth in Short Interest

QuoteMedia, Inc. (OTCMKTS:QMCI – Get Rating) saw a large increase in short interest in May. As of May 15th, there was short interest totalling 2,400 shares, an increase of 2,300.0% from the April 30th total of 100 shares. Based on an average trading volume of 38,500 shares, the days-to-cover ratio is currently 0.1 days.

QuoteMedia Stock Performance

Shares of QuoteMedia stock opened at $0.25 on Friday. QuoteMedia has a 52-week low of $0.13 and a 52-week high of $0.30. The stock has a 50-day simple moving average of $0.26 and a 200-day simple moving average of $0.24.

About QuoteMedia

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QuoteMedia, Inc engages in the provision of financial data, news feeds, market research information, and financial software solutions to online brokerages, clearing firms, banks, financial service companies, media portals, and public corporations. It operates through the following product lines: Interactive Content and Data Applications, Data Feed Services, and Portfolio Management Systems.