17.8% increase in short interest for Quantum Co. (QMCO) on May 15th, with institutional investors Connor Clark & Lunn and Kovack Advisors increasing stakes.

Quantum Co. (NASDAQ:QMCO) saw a 17.8% rise in short interest to 220,100 shares on May 15th. Institutional investors Connor Clark & Lunn Investment Management Ltd. and Kovack Advisors Inc. increased their stakes, with Kovack owning 263,901 shares worth $157,000. Quantum, with a market cap of $43.72M, has a 50-day moving average of $0.50; Oppenheimer reiterated a "market perform" rating on April 17th.

June 02, 2024
3 Articles