Qurate Retail (NASDAQ:QRTEP) Trading 3.5% Higher

Qurate Retail, Inc. (NASDAQ:QRTEP)’s stock price traded up 3.5% during mid-day trading on Tuesday . The stock traded as high as $39.00 and last traded at $38.95. 60,802 shares changed hands during mid-day trading, an increase of 24% from the average session volume of 48,953 shares. The stock had previously closed at $37.65.

Qurate Retail Stock Up 0.9 %

The stock has a fifty day moving average price of $39.47 and a two-hundred day moving average price of $44.72.

Qurate Retail Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Stockholders of record on Tuesday, September 3rd will be issued a $2.00 dividend. The ex-dividend date of this dividend is Tuesday, September 3rd. This represents a $8.00 dividend on an annualized basis and a dividend yield of 20.08%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Qurate Retail stock. Shikiar Asset Management Inc. increased its holdings in shares of Qurate Retail, Inc. (NASDAQ:QRTEP) by 20.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,200 shares of the company’s stock after acquiring an additional 1,200 shares during the quarter. Shikiar Asset Management Inc.’s holdings in Qurate Retail were worth $303,000 as of its most recent SEC filing.

About Qurate Retail

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.