Qurate Retail, Inc. (NASDAQ:QRTEB) Short Interest Up 22.4% in September

Qurate Retail, Inc. (NASDAQ:QRTEB) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 8,200 shares, a growth of 22.4% from the August 31st total of 6,700 shares. Based on an average daily trading volume, of 3,800 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.8% of the shares of the stock are short sold.

Qurate Retail Price Performance

Qurate Retail stock traded up $0.39 during midday trading on Friday, reaching $4.20. The company’s stock had a trading volume of 4,204 shares, compared to its average volume of 5,024. The stock’s 50 day simple moving average is $3.86 and its 200 day simple moving average is $4.03. The company has a debt-to-equity ratio of 10.65, a quick ratio of 0.90 and a current ratio of 1.34. The firm has a market capitalization of $1.65 billion, a PE ratio of -10.00 and a beta of 1.27. Qurate Retail has a fifty-two week low of $3.30 and a fifty-two week high of $9.15.

Qurate Retail (NASDAQ:QRTEB) last issued 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%.

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.