QuoteMedia, Inc. (OTCMKTS:QMCI) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totalling 3,700 shares, a decrease of 51.3% from the September 15th total of 7,600 shares. Based on an average daily volume of 45,100 shares, the days-to-cover ratio is presently 0.1 days.
QMCI stock remained flat at $$0.19 during midday trading on Thursday. The company’s stock had a trading volume of 56,000 shares, compared to its average volume of 92,195. The company has a market capitalization of $17.19 million, a price-to-earnings ratio of -19.00 and a beta of 1.75. QuoteMedia has a 1-year low of $0.08 and a 1-year high of $0.40. The business has a 50 day moving average price of $0.19 and a 200 day moving average price of $0.19.
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