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 during the month of 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. Based on an average trading volume of 3,800 shares, the short-interest ratio is presently 2.2 days. Approximately 0.8% of the shares of the stock are sold short.

Qurate Retail Trading Up 10.2 %

Shares of QRTEB traded up $0.39 on Friday, hitting $4.20. 4,204 shares of the stock traded hands, compared to its average volume of 5,024. Qurate Retail has a 1 year low of $3.30 and a 1 year high of $9.15. The stock’s 50 day moving average is $3.86 and its two-hundred day moving average is $4.03. The company has a quick ratio of 0.90, a current ratio of 1.34 and a debt-to-equity ratio of 10.65. The firm has a market capitalization of $1.65 billion, a P/E ratio of -10.00 and a beta of 1.27.

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

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.