RAIT Financial Trust SR NT 7.625%24 (RFT) At $18.70 Forms Bottom; Qualstar (QBAK) Shorts Down By 11.62%

Qualstar Corporation (NASDAQ:QBAK) Logo

Qualstar Corporation (NASDAQ:QBAK) had a decrease of 11.62% in short interest. QBAK’s SI was 60,100 shares in May as released by FINRA. Its down 11.62% from 68,000 shares previously. With 73,100 avg volume, 1 days are for Qualstar Corporation (NASDAQ:QBAK)’s short sellers to cover QBAK’s short positions. The SI to Qualstar Corporation’s float is 4.69%. The stock decreased 1.12% or $0.12 during the last trading session, reaching $10.55. About 9,931 shares traded. Qualstar Corporation (NASDAQ:QBAK) has risen 87.15% since May 4, 2017 and is uptrending. It has outperformed by 75.60% the S&P500.

RAIT Financial Trust SR NT 7.625%24 (RFT) formed multiple bottom with $17.39 target or 7.00% below today’s $18.70 share price. RAIT Financial Trust SR NT 7.625%24 (RFT) has $1.74 billion valuation. The stock decreased 0.53% or $0.1 during the last trading session, reaching $18.7. About 1,030 shares traded. RAIT Financial Trust SR NT 7.625%24 (NYSE:RFT) has declined 24.24% since May 4, 2017 and is downtrending. It has underperformed by 35.79% the S&P500.

Qualstar Corporation designs, develops, makes, and sells power supplies under the N2Power brand; and data storage systems under the Qualstar brand worldwide. The company has market cap of $21.58 million. It offers switching power supplies that are used to convert AC line voltage to DC voltages, or DC voltages to other DC voltages for use in electronic equipment, such as telecommunications equipment, machine tools, routers, switches, wireless systems, and gaming devices. It has a 33.71 P/E ratio. The firm also provides automated magnetic tape libraries used to store, retrieve, and manage electronic data primarily in network computing environments, as well as provide data storage solutions for organizations requiring backup, recovery, and archival storage of critical data.

More news for Qualstar Corporation (NASDAQ:QBAK) were recently published by: Streetinsider.com, which released: “Qualstar Corp (QBAK) Announces New Purchase Order for $1.1M” on April 12, 2018. Businesswire.com‘s article titled: “Qualstar to design and manufacture Enterprise Class Optical Disc Library for Sony” and published on April 09, 2018 is yet another important article.