Quantum Computing (QUBT) has experienced a notable increase in short interest over the past several weeks. Data from Ortex indicates that short positions have climbed back above 32% of the free float, recovering from the mid-20% range observed earlier this summer. This level is nearing the highest seen this year, which was recorded at 33% during the final week of June. The rise in short interest, coupled with a modest increase in days-to-cover from 3.0 to 3.2, suggests that short sellers are actively building positions as the stock struggles to maintain momentum.
Signal data sourced from Ortex. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
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