Quantum Corp Sees Large Decline in Short Interest (DSS)
Quantum Corp (NYSE:DSS) was the recipient of a significant drop in short interest in August. As of August 15th, there was short interest totalling 2,489,741 shares, a drop of 2.2% from the July 31st total of 2,545,023 shares, AnalystRatingsNetwork.com reports. Currently, 5.2% of the shares of the stock are short sold. Based on an average trading volume of 139,225 shares, the days-to-cover ratio is presently 17.9 days.
Quantum Corp (NYSE:DSS) opened at 1.1599 on Thursday. Quantum Corp has a 1-year low of $0.86 and a 1-year high of $2.46. The stock’s 50-day moving average is $1.29 and its 200-day moving average is $1.38. The company has a market cap of $57.4 million and a price-to-earnings ratio of 228.00.
Quantum Corp (NYSE:DSS) last released its earnings data on Tuesday, August 12th. The company reported ($0.06) earnings per share for the quarter. The company had revenue of $4.90 million for the quarter, compared to the consensus estimate of $4.30 million.
Quantum Corporation (NYSE:DSS) provides data protection and big data management.
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