Short Interest in Qumu Corp (NASDAQ:QUMU) Decreases By 49.0%
Qumu Corp (NASDAQ:QUMU) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 2,600 shares, a decline of 49.0% from the June 15th total of 5,100 shares. Based on an average daily volume of 69,100 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.
NASDAQ QUMU traded up $0.29 during trading on Friday, hitting $4.54. The company’s stock had a trading volume of 46,591 shares, compared to its average volume of 44,444. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $44.45 million, a P/E ratio of -4.73 and a beta of 0.27. The firm’s 50 day moving average is $3.81. Qumu has a fifty-two week low of $1.85 and a fifty-two week high of $4.78.
Qumu (NASDAQ:QUMU) last issued its quarterly earnings results on Tuesday, April 30th. The technology company reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.23) by $0.13. The business had revenue of $7.10 million during the quarter. Qumu had a negative return on equity of 0.59% and a negative net margin of 0.14%. On average, research analysts forecast that Qumu will post -0.54 earnings per share for the current fiscal year.
Qumu Company Profile
Qumu Corporation provides tools to create, manage, secure, distribute, and deliver live and on-demand video content for the enterprises. It offers an end-to-end video creation, management, and delivery solution through the sale of software licenses and hardware, software on server appliance, software-enabled devices, and a cloud-hosted software-as-a-service platform.
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