The short interest in Quantum-Si, a company listed as QSIAW on NASDAQ, experienced a significant decline in August. From August 15th to August 31st, the total short interest decreased by 21.2%, dropping from 5,200 shares to 4,100 shares. This indicates a decrease in bearish sentiment towards the company.
With an average daily volume of 14,000 shares, the days-to-cover ratio is currently 0.3 days. This ratio measures the number of days it would take for the short sellers to cover their positions based on the average daily trading volume. A lower days-to-cover ratio suggests that the short sellers are able to close their positions quickly, indicating a higher level of liquidity in the stock.
The stock of Quantum-Si, with the ticker symbol QSIAW, experienced a decline of 36.7% on Friday, with a trading volume of 19,678 shares. This significant drop in stock price brought it down to $0.31 per share. The 50-day moving average for Quantum-Si stock is $0.44, while the two-hundred day moving average is $0.29.
Quantum-Si has a 52-week low of $0.08 and a 52-week high of $0.77. These figures represent the lowest and highest prices the stock has traded at over the past year. Investors can use these metrics to assess the stock’s performance over a longer time frame.
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