Qurate Retail, Inc. (NASDAQ:QRTEB) Short Interest Update

Qurate Retail, Inc. (NASDAQ:QRTEB) saw a significant growth in short interest in 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. Based on an average daily volume of 5,900 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.7% of the company’s shares are short sold.

Qurate Retail Trading Up 0.5 %

Shares of Qurate Retail stock traded up $0.01 on Monday, reaching $2.20. The company had a trading volume of 1,928 shares, compared to its average volume of 2,292. Qurate Retail has a 52-week low of $2.01 and a 52-week high of $6.50. 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 firm’s 50 day moving average price is $2.60 and its two-hundred day moving average price is $3.28. The firm has a market cap of $873.29 million, a PE ratio of -3.10 and a beta of 1.30.

Hedge Funds Weigh In On Qurate Retail

A hedge fund recently raised its stake in Qurate Retail stock. Rhumbline Advisers lifted 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 disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,363 shares of the company’s stock after buying an additional 9,137 shares during the quarter. Rhumbline Advisers’ holdings in Qurate Retail were worth $30,000 at the end of the most recent quarter. Hedge funds and other institutional investors 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.