Short Interest in QumulusAI Inc. (NASDAQ:QMLS) Expands By ∞

QumulusAI Inc. (NASDAQ:QMLS) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 315,419 shares, a growth of ∞ from the July 15th total of 0 shares. Based on an average daily volume of 633,888 shares, the short-interest ratio is presently 0.5 days.

QumulusAI Stock Performance

QMLS stock opened at $7.29 on Monday. QumulusAI has a 52-week low of $5.40 and a 52-week high of $38.00.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on QMLS. Chardan Capital began coverage on QumulusAI in a research note on Wednesday, August 12th. They issued a “buy” rating and a $24.50 target price on the stock. Wall Street Zen raised QumulusAI to a “hold” rating in a research report on Saturday, July 25th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $24.50.

QumulusAI Company Profile

QumulusAI is a cloud infrastructure company specializing in rapid deployment of graphics processing unit (“GPU”)-powered solutions for artificial intelligence (“AI”) applications, serving a critical market that is often overlooked by large-scale cloud providers (“hyperscalers”), which operate massive, standardized computing infrastructures primarily serving the largest enterprises. Our platform delivers flexible, competitively priced, and customizable solutions for underserved small and mid-market customers—including machine learning teams, AI infrastructure startups, and research institutions—while also supporting the scale and complexity requirements of large enterprises, such as long-term deployments or supplemental on-demand compute capacity.