Short Interest in Qurate Retail, Inc. (NASDAQ:QRTEB) Increases By 23.4%

Qurate Retail, Inc. (NASDAQ:QRTEB) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 7,900 shares, a growth of 23.4% from the October 15th total of 6,400 shares. Based on an average daily volume of 4,400 shares, the short-interest ratio is currently 1.8 days. Approximately 0.8% of the shares of the company are short sold.

Qurate Retail Stock Performance

QRTEB stock traded up $0.07 during midday trading on Friday, reaching $3.33. 1,890 shares of the company’s stock traded hands, compared to its average volume of 3,532. Qurate Retail has a 52 week low of $2.90 and a 52 week high of $7.69. The company has a 50-day moving average price of $3.67 and a two-hundred day moving average price of $3.87. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 8.74.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Qurate Retail stock. SG Americas Securities LLC acquired a new stake in shares of Qurate Retail, Inc. (NASDAQ:QRTEB) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,447 shares of the company’s stock, valued at approximately $45,000. Institutional investors and hedge funds own 2.25% of the company’s stock.

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.