Short Interest in QuoteMedia, Inc. (OTCMKTS:QMCI) Drops By 51.0%

QuoteMedia, Inc. (OTCMKTS:QMCI) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 12,100 shares, a drop of 51.0% from the January 31st total of 24,700 shares. Based on an average trading volume of 7,300 shares, the days-to-cover ratio is presently 1.7 days.

QuoteMedia Stock Performance

OTCMKTS:QMCI remained flat at $0.17 during trading hours on Friday. The business has a fifty day moving average of $0.17 and a 200 day moving average of $0.18. QuoteMedia has a 52 week low of $0.12 and a 52 week high of $0.25.

About QuoteMedia

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.