Short Interest in QumulusAI Inc. (NASDAQ:QMLS) Rises By ∞

QumulusAI Inc. (NASDAQ:QMLS) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 315,419 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average trading volume of 633,888 shares, the short-interest ratio is currently 0.5 days.

Analyst Ratings Changes

Several equities analysts have weighed in on QMLS shares. Chardan Capital initiated coverage on QumulusAI in a research report on Wednesday. They issued a “buy” rating and a $24.50 target price for the company. Wall Street Zen raised shares of QumulusAI to a “hold” rating in a research report on Saturday, July 25th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $24.50.

QumulusAI Trading Up 1.2%

Shares of QMLS stock opened at $7.32 on Friday. QumulusAI has a 52 week low of $5.40 and a 52 week high of $38.00.

About QumulusAI

QumulusAI is a cloud infrastructure company specializing in rapid deployment of graphics processing unit (“GPU”)-powered solutions for artificial intelligence (“AI”) applications, serving a critical market that is often overlooked by large-scale cloud providers (“hyperscalers”), which operate massive, standardized computing infrastructures primarily serving the largest enterprises. Our platform delivers flexible, competitively priced, and customizable solutions for underserved small and mid-market customers—including machine learning teams, AI infrastructure startups, and research institutions—while also supporting the scale and complexity requirements of large enterprises, such as long-term deployments or supplemental on-demand compute capacity.