QDM International Inc. (OTCMKTS:QDMI) Sees Large Increase in Short Interest

QDM International Inc. (OTCMKTS:QDMI) was the target of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 394 shares, a growth of 294.0% from the October 15th total of 100 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,689 shares, the days-to-cover ratio is presently 0.2 days.

QDM International Price Performance

OTCMKTS:QDMI opened at $15.50 on Thursday. The business’s 50-day moving average price is $9.56 and its two-hundred day moving average price is $26.78. QDM International has a twelve month low of $4.75 and a twelve month high of $69.92. The stock has a market cap of $133.92 million, a P/E ratio of 15.82 and a beta of -2.21.

QDM International (OTCMKTS:QDMI) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.36 earnings per share (EPS) for the quarter. QDM International had a return on equity of 62.21% and a net margin of 32.31%. The firm had revenue of $8.39 million during the quarter.

About QDM International

QDM International Inc. operates as an insurance brokerage company primarily in Hong Kong. The company offers life and medical insurance, such as individual life insurance; and general insurance, including automobile, commercial property, and liability and homeowner insurance. It also operates as a mandatory provident fund intermediary. The company is based in Shanghai, China.