What’s Ahead for Qumu Corporation (NASDAQ:QUMU) After Less Shorted Shares?

June 7, 2018 - By Henry Gaston

Qumu Corporation (NASDAQ:QUMU) Logo

Investors sentiment decreased to 0.75 in 2018 Q1. Its down 0.92, from 1.67 in 2017Q4. It dropped, 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.
The Ontario – Canada-based Royal Comml Bank Of Canada has invested 0% in Qumu Corporation (NASDAQ:QUMU). Retail Bank Of America Corp De holds 0% or 3,247 shares in its portfolio. Dimensional Fund Advsr L P owns 257,871 shares. Buckingham Asset Mngmt Ltd Company has 0.01% invested in Qumu Corporation (NASDAQ:QUMU) for 32,085 shares. Bridgeway Capital Mgmt holds 0% in Qumu Corporation (NASDAQ:QUMU) or 30,000 shares. Price T Rowe Assocs Md holds 21,450 shares or 0% of its portfolio. Renaissance Tech Limited Co reported 676,200 shares. Perkins Capital Mngmt invested in 0.03% or 20,500 shares. Geode Cap Mgmt Ltd Company holds 92,861 shares. Barclays Public Limited Co holds 67 shares or 0% of its portfolio. Moreover, Bankshares Of New York Mellon has 0% invested in Qumu Corporation (NASDAQ:QUMU). Blackrock invested in 0% or 270,189 shares. California Public Employees Retirement Systems has 0% invested in Qumu Corporation (NASDAQ:QUMU). Vanguard Gru Inc holds 197,638 shares or 0% of its portfolio. 38,994 were reported by Northern Tru Corp.

Since May 16, 2018, it had 2 insider purchases, and 0 selling transactions for $72,043 activity. Hanzlik Vern also bought $24,181 worth of Qumu Corporation (NASDAQ:QUMU) shares.

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

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