QuoteMedia Inc. (OTCMKTS:QMCI) Short Interest Update

QuoteMedia Inc. (OTCMKTS:QMCI) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 2,439 shares, a decline of 51.2% from the April 30th total of 5,000 shares. Based on an average trading volume of 59,158 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Zacks Research raised shares of QuoteMedia to a “hold” rating in a research note on Thursday, April 9th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

QuoteMedia Stock Performance

Shares of OTCMKTS QMCI remained flat at $0.15 during trading on Tuesday. The company’s stock had a trading volume of 3,000 shares, compared to its average volume of 32,280. The company has a market cap of $13.66 million, a PE ratio of -5.03 and a beta of 0.01. The company has a 50 day simple moving average of $0.16 and a two-hundred day simple moving average of $0.15. QuoteMedia has a 1 year low of $0.13 and a 1 year high of $0.18.

QuoteMedia (OTCMKTS:QMCI) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($0.01) EPS for the quarter. The company had revenue of $5.53 million during the quarter, compared to the consensus estimate of $5.52 million. As a group, sell-side analysts forecast that QuoteMedia will post -0.01 EPS for the current year.

QuoteMedia Company Profile

QuoteMedia, Inc is a Canada-based provider of digital market data and financial content solutions, founded in 1999 and headquartered in Montreal, Quebec. The company specializes in aggregating real-time and historical market information from major exchanges in North America and beyond, offering a range of delivery options to suit client needs. Its cloud-based infrastructure supports high-volume streaming and on-demand access to equity, ETF, mutual fund and fixed-income data.

The firm’s core product suite includes streaming quote and charting services, RESTful and WebSocket APIs, embeddable financial widgets and customizable portfolio-management tools.