Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 6,300 shares, a drop of 46.6% from the November 30th total of 11,800 shares. Based on an average trading volume of 5,500 shares, the short-interest ratio is presently 1.1 days. Approximately 0.6% of the shares of the stock are sold short.
Qurate Retail Trading Up 7.7 %
NASDAQ:QRTEB traded up $0.22 on Friday, reaching $3.06. The stock had a trading volume of 13,842 shares, compared to its average volume of 5,224. The company has a market cap of $1.21 billion, a price-to-earnings ratio of -4.31 and a beta of 1.30. Qurate Retail has a 12-month low of $2.58 and a 12-month high of $7.69. The company has a debt-to-equity ratio of 8.74, a current ratio of 1.22 and a quick ratio of 0.73. The firm's fifty day moving average is $3.21 and its two-hundred day moving average is $3.66.
Institutional Trading of Qurate Retail
A hedge fund recently bought a new stake in Qurate Retail stock. SG Americas Securities LLC bought a new position in shares of Qurate Retail, Inc. (NASDAQ:QRTEB - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,447 shares of the company's stock, valued at approximately $45,000. 2.25% of the stock is owned by hedge funds and other institutional investors.
About Qurate Retail
(
Get Free Report)
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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