Quantum Fintech Acquisition Corp (NYSEAMERICAN:ATCH) Sees Large Growth in Short Interest

Quantum Fintech Acquisition Corp (NYSEAMERICAN:ATCH) saw a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 424,200 shares, an increase of 861.9% from the February 13th total of 44,100 shares. Currently, 64.6% of the shares of the company are short sold. Based on an average daily volume of 3,410,000 shares, the days-to-cover ratio is presently 0.1 days.

Quantum Fintech Acquisition Stock Down 3.3 %

Shares of NYSEAMERICAN ATCH traded down $0.04 during midday trading on Friday, reaching $1.17. 123,300 shares of the company were exchanged, compared to its average volume of 4,554,147. Quantum Fintech Acquisition has a 1 year low of $1.05 and a 1 year high of $116.99. The company’s fifty day moving average is $5.40.

About Quantum Fintech Acquisition

Quantum FinTech Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. Quantum FinTech Acquisition Corporation was incorporated in 2020 and is based in Tampa, Florida.