Qurate Retail, Inc. (NASDAQ:QRTEB) Short Interest Update

Qurate Retail, Inc. (NASDAQ:QRTEB) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 2,400 shares, an increase of 700.0% from the September 15th total of 300 shares. Based on an average trading volume of 2,800 shares, the short-interest ratio is currently 0.9 days. Currently, 0.2% of the shares of the company are short sold.

Shares of NASDAQ:QRTEB opened at $10.15 on Thursday. Qurate Retail has a 12-month low of $6.78 and a 12-month high of $17.39. The stock has a market cap of $4.13 billion, a PE ratio of 3.01 and a beta of 2.04. The business has a 50 day moving average of $10.78 and a 200-day moving average of $12.20. The company has a quick ratio of 0.68, a current ratio of 1.01 and a debt-to-equity ratio of 1.35.

Qurate Retail (NASDAQ:QRTEB) last released its quarterly earnings results on Friday, August 6th. The company reported $0.54 earnings per share for the quarter. Qurate Retail had a net margin of 9.76% and a return on equity of 35.75%. The company had revenue of $3.50 billion during the quarter.

An institutional investor recently bought a new position in Qurate Retail stock. Citadel Advisors LLC purchased a new stake in Qurate Retail, Inc. (NASDAQ:QRTEB) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 10,167 shares of the company’s stock, valued at approximately $138,000. Hedge funds and other institutional investors own 0.01% of the company’s stock.

Qurate Retail Company Profile

Qurate Retail, Inc engages in the business of video and on-line commerce industries. It operates through the following segments: QxH; QVC International; and Corporate and Others. The QxH segment include distribution of live programming, 20 hours per day, 364 days per year, to television households. The QVC International segment focuses in Germany, Austria, Japan, the U.K., the Republic of Ireland, and Italy to distribute shopping experience via broadcast networks, websites, mobile applications, and social pages.

Featured Story: The components of the Stochastic Momentum Index

Receive News & Ratings for Qurate Retail Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qurate Retail and related companies with MarketBeat.com's FREE daily email newsletter.