Qurate Retail, Inc. (NASDAQ:QRTEB) Sees Significant Increase in Short Interest

Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 6,600 shares, an increase of 20.0% from the January 15th total of 5,500 shares. Based on an average trading volume of 5,900 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.7% of the shares of the stock are short sold.

Institutional Investors Weigh In On Qurate Retail

An institutional investor recently raised its position in Qurate Retail stock. Rhumbline Advisers increased its position in shares of Qurate Retail, Inc. (NASDAQ:QRTEB - Free Report) by 745.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,363 shares of the company's stock after acquiring an additional 9,137 shares during the period. Rhumbline Advisers' holdings in Qurate Retail were worth $30,000 as of its most recent filing with the Securities and Exchange Commission. 2.25% of the stock is owned by hedge funds and other institutional investors.

Qurate Retail Trading Down 3.2 %

Shares of NASDAQ:QRTEB traded down $0.07 during mid-day trading on Wednesday, hitting $2.11. The stock had a trading volume of 730 shares, compared to its average volume of 3,423. Qurate Retail has a 12-month low of $2.01 and a 12-month high of $6.35. The company has a debt-to-equity ratio of 8.74, a quick ratio of 0.73 and a current ratio of 1.22. The company has a market cap of $837.56 million, a PE ratio of -2.97 and a beta of 1.30. The company's 50 day moving average is $2.55 and its 200-day moving average is $3.25.

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.