Short Interest in Quantum Fintech Acquisition Corp (NYSEAMERICAN:ATCH) Decreases By 79.5%

Quantum Fintech Acquisition Corp (NYSEAMERICAN:ATCH) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 86,900 shares, a decrease of 79.5% from the February 28th total of 424,200 shares. Based on an average daily volume of 3,500,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 1.6% of the company’s stock are sold short.

Quantum Fintech Acquisition Price Performance

Quantum Fintech Acquisition stock traded down $0.14 during mid-day trading on Thursday, hitting $0.75. 851,672 shares of the company’s stock were exchanged, compared to its average volume of 3,933,135. Quantum Fintech Acquisition has a 1-year low of $0.74 and a 1-year high of $99.00. The business has a 50 day moving average price of $3.79.

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.