Short Interest in Qurate Retail, Inc. (NASDAQ:QRTEB) Drops By 46.6%

Qurate Retail, Inc. (NASDAQ:QRTEB) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 6,300 shares, a decrease of 46.6% from the November 30th total of 11,800 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 5,500 shares, the short-interest ratio is currently 1.1 days.

Qurate Retail Price Performance

Shares of QRTEB traded down $0.07 during trading hours on Friday, hitting $2.94. 773 shares of the stock were exchanged, compared to its average volume of 5,171. Qurate Retail has a 12-month low of $2.58 and a 12-month high of $7.69. The company has a market cap of $1.17 billion, a price-to-earnings ratio of -4.14 and a beta of 1.30. The stock’s 50-day moving average price is $3.22 and its two-hundred day moving average price is $3.67. The company has a debt-to-equity ratio of 8.74, a quick ratio of 0.73 and a current ratio of 1.22.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Qurate Retail stock. SG Americas Securities LLC purchased a new stake in Qurate Retail, Inc. (NASDAQ:QRTEB) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 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.

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.