Wi-LAN Inc (OTCMKTS:QTRHF) Short Interest Down 38.5% in July

Wi-LAN Inc (OTCMKTS:QTRHF) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 489,747 shares, a decrease of 38.5% from the July 15th total of 796,579 shares. Based on an average daily trading volume, of 44,321 shares, the days-to-cover ratio is currently 11.0 days. Approximately 0.4% of the shares of the company are short sold.

Wi-LAN Stock Performance

QTRHF opened at $2.11 on Wednesday. Wi-LAN has a 12-month low of $0.64 and a 12-month high of $2.36. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $256.01 million, a PE ratio of -5.02 and a beta of 1.13. The firm has a 50 day moving average of $1.75 and a two-hundred day moving average of $1.25.

Wi-LAN Company Profile

Wi-LAN Inc, trading on the OTCMKTS as QTRHF, is a Canadian technology company specializing in licensing and monetizing intellectual property in the semiconductor and wireless communications sectors. Headquartered in Ottawa, Ontario, the company acquires, develops and licenses patents covering a range of technologies, with particular emphasis on standards-based innovations in cellular networking, Wi-Fi and Internet of Things (IoT) applications. Through patent sales and licensing agreements, Wi-LAN seeks to generate revenue from its extensive portfolio of proprietary technologies.

Originally founded in 1992, Wi-LAN has evolved its business model from technology development to intellectual property management and enforcement.