Could Qumu Corporation (NASDAQ:QUMU) Change Direction After Less Shorts?

June 7, 2018 - By Ash

Qumu Corporation (NASDAQ:QUMU) Logo

Investors sentiment decreased to 0.75 in Q1 2018. Its down 0.92, from 1.67 in 2017Q4. It fall, as 4 investors sold Qumu Corporation shares while 4 reduced holdings. 1 funds opened positions while 5 raised stakes. 1.91 million shares or 8.13% less from 2.08 million shares in 2017Q4 were reported.
Teton Advisors Inc invested 0.03% of its portfolio in Qumu Corporation (NASDAQ:QUMU). 92,861 were reported by Geode Capital Management Limited Liability Corporation. Northern Trust holds 38,994 shares. The Maryland-based Price T Rowe Associates Md has invested 0% in Qumu Corporation (NASDAQ:QUMU). Perkins Mgmt Inc has invested 0.03% in Qumu Corporation (NASDAQ:QUMU). Vanguard Gru holds 197,638 shares or 0% of its portfolio. Natl Bank Of America Corporation De reported 0% of its portfolio in Qumu Corporation (NASDAQ:QUMU). California Employees Retirement Systems, a California-based fund reported 37,200 shares. Blackrock holds 0% or 270,189 shares. Renaissance Tech Limited Company holds 0% in Qumu Corporation (NASDAQ:QUMU) or 676,200 shares. Buckingham Asset Mngmt Lc reported 32,085 shares or 0.01% of all its holdings. Barclays Public Ltd Com has invested 0% in Qumu Corporation (NASDAQ:QUMU). Fincl Bank Of Ny Mellon accumulated 43,978 shares. The Texas-based Dimensional Fund Advsrs L P has invested 0% in Qumu Corporation (NASDAQ:QUMU). Bridgeway Management Inc accumulated 30,000 shares or 0% of the stock.

Since May 16, 2018, it had 2 buys, and 0 selling transactions for $72,043 activity. Harbert Discovery Fund – LP had bought 20,000 shares worth $47,862 on Monday, May 21.

The stock of Qumu Corporation (NASDAQ:QUMU) registered a decrease of 39.38% in short interest. QUMU’s total short interest was 13,700 shares in June as published by FINRA. Its down 39.38% from 22,600 shares, reported previously. With 10,100 shares average volume, it will take short sellers 1 days to cover their QUMU’s short positions. The short interest to Qumu Corporation’s float is 0.25%.

The stock decreased 2.29% or $0.05 during the last trading session, reaching $2.13. About 13,615 shares traded. Qumu Corporation (NASDAQ:QUMU) has declined 12.68% since June 7, 2017 and is downtrending. It has underperformed by 25.25% the S&P500.

Qumu Corporation engages in enterprise video content management software business. The company has market cap of $20.29 million. The companyÂ’s software applications enable businesses to create, manage, secure, deliver, and measure the success of their videos. It currently has negative earnings. It offers enterprise video content management software products through the sale of software licenses and hardware, software on server appliance, software-enabled devices, and a cloud-hosted software-as-a-service platform.

More news for Qumu Corporation (NASDAQ:QUMU) were recently published by: Businesswire.com, which released: “Qumu Receives $1 Million in Qumu Cloud License Fees from iStudy Co., Ltd.” on May 09, 2018. Benzinga.com‘s article titled: “Why Knowing Your Goals Will Make You A Better Trader, Investor and Saver” and published on May 18, 2018 is yet another important article.

Qumu Corporation (NASDAQ:QUMU) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.