Quantum-Si incorporated (NASDAQ:QSIAW) Sees Significant Decrease in Short Interest

Quantum-Si incorporated (NASDAQ:QSIAWGet Free Report) saw a significant drop in short interest in December. As of December 15th, there was short interest totaling 3,340 shares, a drop of 26.7% from the November 30th total of 4,556 shares. Based on an average daily volume of 11,439 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 11,439 shares, the days-to-cover ratio is presently 0.3 days.

Quantum-Si Stock Performance

QSIAW opened at $0.25 on Monday. Quantum-Si has a 12 month low of $0.11 and a 12 month high of $2.23. The company has a fifty day simple moving average of $0.32 and a 200 day simple moving average of $0.41.

About Quantum-Si

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Quantum-Si, Inc (NASDAQ: QSIAW) is a life sciences company focused on developing a next-generation protein sequencing platform. The company aims to unlock the proteome by enabling single-molecule protein analysis, a capability that promises to advance drug discovery, diagnostic development and molecular biology research. Quantum-Si’s core technology leverages proprietary semiconductor-based nanopore arrays and optical detection to directly sequence proteins and quantify expression patterns with high sensitivity.

Headquartered in Pleasanton, California, Quantum-Si was founded to address limitations in existing proteomics methods, such as mass spectrometry, which can be time-consuming and less sensitive to low-abundance proteins.

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