QuoteMedia, Inc. (OTCMKTS:QMCI) Sees Large Drop in Short Interest

QuoteMedia, Inc. (OTCMKTS:QMCI) saw a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 24,700 shares, a decline of 46.9% from the January 15th total of 46,500 shares. Based on an average daily volume of 5,900 shares, the short-interest ratio is presently 4.2 days.

QuoteMedia Price Performance

Shares of OTCMKTS:QMCI remained flat at $0.17 during trading on Thursday. QuoteMedia has a 1 year low of $0.12 and a 1 year high of $0.25. The stock’s 50-day moving average price is $0.16 and its 200-day moving average price is $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.