Qurate Retail, Inc. (NASDAQ:QRTEB) Short Interest Down 28.7% in August

Qurate Retail, Inc. (NASDAQ:QRTEB) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 6,700 shares, a decrease of 28.7% from the August 15th total of 9,400 shares. Currently, 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 4,100 shares, the days-to-cover ratio is currently 1.6 days.

Qurate Retail Trading Up 2.4 %

Shares of QRTEB stock traded up $0.09 on Friday, reaching $3.86. The company had a trading volume of 3,045 shares, compared to its average volume of 5,209. The company has a 50-day moving average of $3.91 and a 200-day moving average of $4.12. Qurate Retail has a 12 month low of $3.30 and a 12 month high of $9.15. The stock has a market cap of $1.51 billion, a PE ratio of -9.19 and a beta of 1.27. The company has a current ratio of 1.34, a quick ratio of 0.90 and a debt-to-equity ratio of 10.65.

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