Short Interest in Q.E.P. Co. (OTCMKTS:QEPC) Declines By 99.6%

Q.E.P. Co. (OTCMKTS:QEPC) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 2 shares, a decrease of 99.6% from the June 30th total of 517 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 5,353 shares, the days-to-cover ratio is presently 0.0 days.

Q.E.P. Trading Up 0.5%

QEPC stock traded up $0.27 during midday trading on Friday, reaching $49.75. The company had a trading volume of 345 shares, compared to its average volume of 1,826. The company has a 50 day moving average of $48.54 and a two-hundred day moving average of $44.73. The company has a market capitalization of $153.73 million, a P/E ratio of 14.21 and a beta of -0.24. Q.E.P. has a 1 year low of $35.05 and a 1 year high of $51.00.

Q.E.P. (OTCMKTS:QEPC) last posted its quarterly earnings results on Wednesday, July 15th. The company reported $1.33 EPS for the quarter. Q.E.P. had a net margin of 6.59% and a return on equity of 15.99%. The business had revenue of $60.96 million for the quarter.

About Q.E.P.

Q.E.P. Co, Inc (OTCMKTS: QEPC) is a manufacturer and distributor of flooring installation products and related accessories. The company’s product offerings include tile installation systems, grout, adhesives, and a range of hand and power tools designed for use by professional contractors and do-it-yourself consumers. Q.E.P. also provides flooring maintenance and cleaning solutions to support its core installation portfolio.

Operating through a network of home improvement retailers, specialty distributors and e-commerce partners, Q.E.P.