Wi-LAN Inc (OTCMKTS:QTRHF) Short Interest Update

Wi-LAN Inc (OTCMKTS:QTRHF) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 489,747 shares, a decrease of 38.5% from the July 15th total of 796,579 shares. Based on an average daily volume of 44,321 shares, the short-interest ratio is presently 11.0 days. Approximately 0.4% of the company’s stock are short sold.

Wi-LAN Trading Down 1.7%

Shares of QTRHF opened at $2.08 on Thursday. Wi-LAN has a 12 month low of $0.64 and a 12 month high of $2.36. The stock’s 50-day moving average is $1.77 and its two-hundred day moving average is $1.26. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.94 and a quick ratio of 0.86. The stock has a market cap of $251.76 million, a PE ratio of -4.94 and a beta of 1.13.

About Wi-LAN

Wi-LAN Inc, trading on the OTCMKTS as QTRHF, is a Canadian technology company specializing in licensing and monetizing intellectual property in the semiconductor and wireless communications sectors. Headquartered in Ottawa, Ontario, the company acquires, develops and licenses patents covering a range of technologies, with particular emphasis on standards-based innovations in cellular networking, Wi-Fi and Internet of Things (IoT) applications. Through patent sales and licensing agreements, Wi-LAN seeks to generate revenue from its extensive portfolio of proprietary technologies.

Originally founded in 1992, Wi-LAN has evolved its business model from technology development to intellectual property management and enforcement.