Short Interest in QuoteMedia, Inc. (OTCMKTS:QMCI) Drops By 29.8%

QuoteMedia, Inc. (OTCMKTS:QMCI) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 8,500 shares, a decline of 29.8% from the February 13th total of 12,100 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 24,700 shares, the days-to-cover ratio is presently 0.3 days.

QuoteMedia Stock Performance

QMCI remained flat at $0.18 on Friday. QuoteMedia has a 52-week low of $0.12 and a 52-week high of $0.25. The firm has a 50 day moving average of $0.17 and a 200-day moving average of $0.18.

QuoteMedia Company Profile

QuoteMedia, Inc provides financial data, market research information, analytics, news feeds, and financial software solutions to online brokerages, banks, clearing firms, financial service companies, media portals, and public corporations worldwide. It collects, aggregates, and delivers delayed and real-time financial data content through the Internet.