Quantum-Si incorporated (NASDAQ:QSIAW) Short Interest Up 134.4% in December

Quantum-Si incorporated (NASDAQ:QSIAW) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 7,828 shares, an increase of 134.4% from the December 15th total of 3,340 shares. Based on an average daily trading volume, of 20,973 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 20,973 shares, the days-to-cover ratio is currently 0.4 days.

Quantum-Si Trading Down 1.1%

Shares of QSIAW stock traded down $0.00 on Thursday, hitting $0.19. 458 shares of the stock traded hands, compared to its average volume of 13,670. The firm’s 50-day moving average price is $0.25 and its two-hundred day moving average price is $0.37. Quantum-Si has a twelve month low of $0.11 and a twelve month high of $1.19.

Quantum-Si Company Profile

Quantum-Si, Inc (NASDAQ: QSIAW) is a life sciences company focused on developing a next-generation protein sequencing platform. The company aims to unlock the proteome by enabling single-molecule protein analysis, a capability that promises to advance drug discovery, diagnostic development and molecular biology research. Quantum-Si’s core technology leverages proprietary semiconductor-based nanopore arrays and optical detection to directly sequence proteins and quantify expression patterns with high sensitivity.

Headquartered in Pleasanton, California, Quantum-Si was founded to address limitations in existing proteomics methods, such as mass spectrometry, which can be time-consuming and less sensitive to low-abundance proteins.