Short Interest in Qurate Retail, Inc. (NASDAQ:QRTEB) Declines By 28.7%

Qurate Retail, Inc. (NASDAQ:QRTEB) was the recipient of a significant decrease in short interest in 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 shares of the stock are sold short. Based on an average daily volume of 4,100 shares, the short-interest ratio is presently 1.6 days.

Qurate Retail Price Performance

Shares of NASDAQ:QRTEB traded up $0.09 on Friday, hitting $3.86. The stock had a trading volume of 3,045 shares, compared to its average volume of 5,209. The firm’s 50 day moving average price is $3.91 and its 200-day moving average price is $4.12. The company has a debt-to-equity ratio of 10.65, a quick ratio of 0.90 and a current ratio of 1.34. Qurate Retail has a twelve month low of $3.30 and a twelve month high of $9.15. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of -9.19 and a beta of 1.27.

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

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.