Qurate Retail, Inc. (NASDAQ:QRTEB – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 7,900 shares, an increase of 23.4% from the October 15th total of 6,400 shares. Based on an average trading volume of 4,400 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.8% of the company’s shares are sold short.
Qurate Retail Trading Down 2.5 %
QRTEB traded down $0.08 during midday trading on Friday, reaching $3.18. 160 shares of the company’s stock traded hands, compared to its average volume of 4,817. Qurate Retail has a 52 week low of $2.90 and a 52 week high of $7.69. The firm has a fifty day moving average of $3.68 and a two-hundred day moving average of $3.87. The company has a debt-to-equity ratio of 8.74, a current ratio of 1.22 and a quick ratio of 0.90. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of -4.59 and a beta of 1.31.
Institutional Trading of Qurate Retail
An institutional investor recently bought a new position in Qurate Retail stock. SG Americas Securities LLC bought a new stake in shares of Qurate Retail, Inc. (NASDAQ:QRTEB – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,447 shares of the company’s stock, valued at approximately $45,000. 2.25% of the stock is owned by institutional investors.
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.
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