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

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

Qurate Retail Price Performance

Shares of QRTEB stock opened at $4.20 on Monday. The business has a fifty day simple moving average of $3.86 and a 200 day simple moving average of $4.02. The company has a market cap of $1.65 billion, a P/E ratio of -10.00 and a beta of 1.27. The company has a quick ratio of 0.90, a current ratio of 1.34 and a debt-to-equity ratio of 10.65. Qurate Retail has a twelve month low of $3.30 and a twelve month high of $9.15.

Qurate Retail (NASDAQ:QRTEB) last posted its earnings results on Thursday, August 8th. The company reported $0.05 EPS for the quarter. Qurate Retail had a negative net margin of 2.44% and a positive return on equity of 33.57%. The business had revenue of $2.41 billion for the quarter.

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.