Quantum Corporation (NASDAQ:QMCO) Short Interest Up 111.7% in June

Posted by Francis Steltz on Jul 15th, 2026

Quantum Corporation (NASDAQ:QMCO – Get Free Report) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,146,146 shares, an increase of 111.7% from the June 15th total of 1,013,568 shares. Currently, 5.5% of the shares of the company are short sold. Based on an average daily trading volume, of 1,217,407 shares, the short-interest ratio is currently 1.8 days.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Quantum in a research note on Wednesday, June 24th. Northland Securities cut Quantum from an “outperform” rating to a “market perform” rating and set a $13.00 price target for the company. in a research report on Friday, June 26th. Lake Street Capital reaffirmed a “buy” rating on shares of Quantum in a research report on Friday, June 26th. Finally, Needham & Company LLC initiated coverage on shares of Quantum in a report on Wednesday, June 3rd. They issued a “buy” rating for the company. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Quantum currently has a consensus rating of “Hold” and an average price target of $17.67.

View Our Latest Research Report on Quantum

Quantum Stock Performance

QMCO stock traded up $0.12 during midday trading on Wednesday, reaching $10.18. 1,289,373 shares of the company traded hands, compared to its average volume of 757,113. The firm has a market capitalization of $400.69 million, a price-to-earnings ratio of -1.26 and a beta of 2.95. Quantum has a 52-week low of $4.19 and a 52-week high of $18.48. The business has a 50 day moving average of $11.19 and a 200-day moving average of $7.99.

Institutional Trading of Quantum

Several institutional investors and hedge funds have recently modified their holdings of QMCO. Geode Capital Management LLC raised its position in Quantum by 9.1% during the 2nd quarter. Geode Capital Management LLC now owns 69,384 shares of the company’s stock valued at $692,000 after purchasing an additional 5,806 shares in the last quarter. Marshall Wace LLP bought a new position in Quantum during the 2nd quarter worth about $1,775,000. Raymond James Financial Inc. purchased a new position in Quantum during the 2nd quarter valued at about $46,000. Vanguard Group Inc. increased its position in Quantum by 18.3% during the 3rd quarter. Vanguard Group Inc. now owns 303,597 shares of the company’s stock valued at $3,012,000 after purchasing an additional 46,919 shares during the period. Finally, BNP Paribas Financial Markets raised its holdings in shares of Quantum by 322.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,461 shares of the company’s stock valued at $34,000 after purchasing an additional 2,641 shares in the last quarter. Institutional investors own 63.66% of the company’s stock.

Quantum Company Profile

(Get Free Report)

Quantum Corporation (NASDAQ: QMCO) is a technology company that develops and delivers data management and storage solutions for businesses and organizations worldwide. The company’s product portfolio includes hardware, software and cloud-based offerings designed to address backup, archive, primary storage and long-term retention needs. Quantum’s solutions are geared toward data-intensive environments such as media and entertainment, surveillance, government, education and healthcare, where large volumes of digital content must be reliably stored, managed and accessed.

Quantum’s flagship products include the StorNext® data management platform, which provides high-performance shared file storage and workflow acceleration, and the DXi® series of deduplication appliances, which optimize backup and recovery by reducing storage footprints and data transfer times.