Skip to main content
NASDAQ:QMCO

Quantum Short Interest Ratio and Short Volume

$8.95
+0.23 (+2.64 %)
(As of 05/17/2021 12:00 AM ET)
Add
Compare
Today's Range
$8.61
$8.97
50-Day Range
$7.71
$9.30
52-Week Range
$3.41
$9.47
Volume119,820 shs
Average Volume418,661 shs
Market Capitalization$489.49 million
P/E RatioN/A
Dividend YieldN/A
Beta2.55

Short Interest

Quantum (NASDAQ:QMCO) Short Interest Data

Current Short Volume905,900 shares
Previous Short Volume889,400 shares
Change Vs. Previous Month+1.86%
Dollar Volume Sold Short$7.33 million
Short Interest Ratio / Days to Cover1.8
Last Record DateApril, 15 2021
Outstanding Shares54,692,000 shares
Float Size51,030,000 shares
Short Percent of Float1.78%
Today's Trading Volume119,820 shares
Average Trading Volume418,661 shares
Today's Volume Vs. Average-71.38%

Short Interest Over Time


Quantum (NASDAQ:QMCO) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/2021905,900 shares $7.33 million +1.9%1.8%1.8 $8.09
3/31/2021889,400 shares $7.10 million +43.1%1.7%1.9 $7.98
3/15/2021621,600 shares $5.63 million +11.3%1.2%1.4 $9.06
2/26/2021558,400 shares $4.52 million -3.3%1.1%1.5 $8.10
2/12/2021577,300 shares $4.96 million -34.3%1.2%1.7 $8.60
1/29/2021878,700 shares $6.49 million +0.3%1.8%2.9 $7.39
1/15/2021876,100 shares $5.98 million No Change2.3%5.3 $6.83
1/31/2020283,100 shares $1.95 million +13.5%N/A0.4 $6.90
1/15/2020249,400 shares $1.77 million -2.7%N/A2.4 $7.08
12/31/2019256,200 shares $1.90 million +8.9%N/A1.4 $7.42

Quantum (NASDAQ:QMCO) Short Interest FAQ

speech bubbles
speech bubbles











What is Quantum's current short interest?

Short interest is the volume of Quantum shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 905,900 shares of QMCO short. 1.78% of Quantum's shares are currently sold short. View details.

What is a good short interest ratio for Quantum?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. Quantum currently has a short interest ratio of 2.0.

What is a good short interest percentage for Quantum?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 1.78% of Quantum's floating shares are currently sold short.

Is Quantum's short interest increasing or decreasing?

Quantum saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 905,900 shares, an increase of 1.9% from the previous total of 889,400 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

What is Quantum's float size?

Quantum currently has issued a total of 54,692,000 shares. Some of Quantum's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Quantum currently has a public float of 51,030,000 shares.

How does Quantum's short interest compare to its competitors?

1.78% of Quantum's shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to Quantum: Progress Software Co. (3.23%), Eventbrite, Inc. (0.00%), TechTarget, Inc. (8.07%), Ping Identity Holding Corp. (16.66%), Himax Technologies, Inc. (2.13%), Knowles Co. (7.12%), Methode Electronics, Inc. (1.43%), Super Micro Computer, Inc. (2.26%), Domo, Inc. (0.00%), and Infinera Co. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Quantum stock?

Short selling QMCO is an investing strategy that aims to generate trading profit from Quantum as its price is falling. Quantum's stock is trading up $0.23 today. To short Quantum stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that Quantum will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Quantum?

A short squeeze for Quantum occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of QMCO, which in turn drives the price of the stock up even further.

How often is Quantum's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including QMCO, twice per month. The most recent reporting period available is April, 15 2021.



This page was last updated on 5/18/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.