Quantum-Si incorporated (NASDAQ:QSIAW) Sees Significant Increase in Short Interest

Quantum-Si incorporated (NASDAQ:QSIAW) was the target of a significant increase in short interest in the month of 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 volume of 20,973 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 20,973 shares, the short-interest ratio is presently 0.4 days.

Quantum-Si Stock Performance

Shares of QSIAW stock traded down $0.00 on Wednesday, reaching $0.19. The company had a trading volume of 6,752 shares, compared to its average volume of 15,682. The company has a 50-day moving average of $0.26 and a 200-day moving average of $0.37. Quantum-Si has a 12 month low of $0.11 and a 12 month high of $1.19.

About Quantum-Si

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.