Qurate Retail, Inc. (NASDAQ:QRTEB) Sees Significant Increase in Short Interest

Qurate Retail, Inc. (NASDAQ:QRTEB) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 8,200 shares, a growth of 22.4% from the August 31st total of 6,700 shares. Based on an average daily trading volume, of 3,800 shares, the short-interest ratio is currently 2.2 days. Approximately 0.8% of the company’s shares are sold short.

Qurate Retail Trading Up 10.2 %

Shares of QRTEB stock traded up $0.39 on Friday, reaching $4.20. 4,204 shares of the stock were exchanged, compared to its average volume of 5,024. The company has a debt-to-equity ratio of 10.65, a current ratio of 1.34 and a quick ratio of 0.90. Qurate Retail has a one year low of $3.30 and a one year high of $9.15. The stock has a market cap of $1.65 billion, a PE ratio of -10.00 and a beta of 1.27. The stock has a 50 day moving average price of $3.86 and a 200 day moving average price of $4.03.

Qurate Retail (NASDAQ:QRTEB) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $2.41 billion during the quarter. Qurate Retail had a positive return on equity of 33.57% and a negative net margin of 2.44%.

Qurate Retail Company Profile

Qurate Retail, Inc, together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications.