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

Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 12,600 shares, an increase of 180.0% from the March 15th total of 4,500 shares. Based on an average daily trading volume, of 7,200 shares, the short-interest ratio is currently 1.8 days. Approximately 1.7% of the shares of the company are sold short.

Qurate Retail Price Performance

Shares of QRTEB traded down $0.04 on Thursday, reaching $4.01. The stock had a trading volume of 5,791 shares, compared to its average volume of 7,236. The firm has a market capitalization of $1.57 billion, a PE ratio of -10.84 and a beta of 1.32. The company has a quick ratio of 1.01, a current ratio of 1.41 and a debt-to-equity ratio of 9.61. The firm has a 50-day moving average of $5.08 and a 200 day moving average of $6.34. Qurate Retail has a twelve month low of $3.69 and a twelve month high of $9.50.

Qurate Retail (NASDAQ:QRTEB - Get Free Report) last released its quarterly earnings results on Wednesday, February 28th. The company reported $0.22 earnings per share for the quarter. The business had revenue of $3.14 billion for the quarter. Qurate Retail had a positive return on equity of 14.46% and a negative net margin of 1.33%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in QRTEB. Tower Research Capital LLC TRC purchased a new position in Qurate Retail in the third quarter valued at about $39,000. BlackRock Inc. acquired a new stake in shares of Qurate Retail during the second quarter valued at about $158,000. Finally, Geode Capital Management LLC grew its stake in shares of Qurate Retail by 4.6% during the fourth quarter. Geode Capital Management LLC now owns 88,945 shares of the company's stock valued at $450,000 after acquiring an additional 3,890 shares in the last quarter. Hedge funds and other institutional investors own 2.25% of the company's stock.

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.

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