Short Interest in Qurate Retail, Inc. (NASDAQ:QRTEB) Grows By 20.0%

Qurate Retail, Inc. (NASDAQ:QRTEB) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 6,600 shares, a growth of 20.0% from the January 15th total of 5,500 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 5,900 shares, the short-interest ratio is presently 1.1 days.

Institutional Investors Weigh In On Qurate Retail

A hedge fund recently raised its stake in Qurate Retail stock. Rhumbline Advisers boosted its position in shares of Qurate Retail, Inc. (NASDAQ:QRTEB) by 745.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,363 shares of the company’s stock after purchasing an additional 9,137 shares during the period. Rhumbline Advisers’ holdings in Qurate Retail were worth $30,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 2.25% of the company’s stock.

Qurate Retail Trading Up 0.5 %

QRTEB stock traded up $0.01 on Friday, hitting $2.20. 1,928 shares of the company were exchanged, compared to its average volume of 2,292. Qurate Retail has a twelve month low of $2.01 and a twelve month high of $6.50. The business’s fifty day moving average is $2.60 and its two-hundred day moving average is $3.28. The stock has a market capitalization of $873.29 million, a price-to-earnings ratio of -3.10 and a beta of 1.30. The company has a debt-to-equity ratio of 8.74, a current ratio of 1.22 and a quick ratio of 0.73.

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.