Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) Sees Significant Growth in Short Interest

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 24,373,498 shares, a growth of 21.4% from the December 15th total of 20,081,080 shares. Based on an average daily trading volume, of 21,407,496 shares, the days-to-cover ratio is currently 1.1 days. Currently, 11.7% of the shares of the stock are short sold. Currently, 11.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 21,407,496 shares, the days-to-cover ratio is currently 1.1 days.

Hyperscale Data Stock Performance

Shares of NYSEAMERICAN:GPUS traded up $0.01 during trading hours on Monday, hitting $0.30. 24,228,194 shares of the company’s stock traded hands, compared to its average volume of 78,761,576. The company’s fifty day simple moving average is $0.27 and its two-hundred day simple moving average is $0.50. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.49 and a current ratio of 0.50. Hyperscale Data has a 52 week low of $0.18 and a 52 week high of $9.98.

Hyperscale Data (NYSEAMERICAN:GPUS) last released its earnings results on Monday, November 17th. The company reported ($0.39) EPS for the quarter. Hyperscale Data had a negative return on equity of 217.89% and a negative net margin of 38.79%.The business had revenue of $24.33 million during the quarter.

Insiders Place Their Bets

In other news, Chairman Milton C. Ault III bought 1,000,000 shares of the stock in a transaction that occurred on Wednesday, December 31st. The shares were purchased at an average cost of $0.18 per share, with a total value of $180,000.00. Following the completion of the acquisition, the chairman directly owned 2,500,005 shares in the company, valued at approximately $450,000.90. The trade was a 66.67% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders bought a total of 2,618,872 shares of company stock worth $535,999 over the last ninety days. Company insiders own 35.52% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Hyperscale Data stock. Qube Research & Technologies Ltd bought a new stake in shares of Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 33,721 shares of the company’s stock, valued at approximately $47,000. Qube Research & Technologies Ltd owned 0.17% of Hyperscale Data as of its most recent SEC filing. Hedge funds and other institutional investors own 41.05% of the company’s stock.

About Hyperscale Data

Hyperscale Data, Inc, through its subsidiaries, provides customized solutions for the military markets in North America, Europe, the Middle East, and internationally. It operates through eight segments: Energy and Infrastructure, Technology and Finance, SMC, Sentinum, GIGA, TurnOnGreen, ROI, and Ault Disruptive. The company offers lifting services; virtual markets, real world goods marketplaces, gaming, sweepstakes gaming, contest of skill, and building private spaces, as well as socialization and connectivity and real and virtual concerts.