Qurate Retail, Inc. (NASDAQ:QRTEB) Short Interest Down 56.8% in June

Qurate Retail, Inc. (NASDAQ:QRTEB) saw a significant decline in short interest in June. As of June 15th, there was short interest totalling 7,600 shares, a decline of 56.8% from the May 31st total of 17,600 shares. Based on an average trading volume of 3,500 shares, the short-interest ratio is presently 2.2 days. Approximately 0.8% of the shares of the stock are short sold.

Qurate Retail Trading Up 9.0 %

Qurate Retail stock traded up $0.35 during mid-day trading on Friday, hitting $4.23. The company’s stock had a trading volume of 30,789 shares, compared to its average volume of 5,772. The company has a debt-to-equity ratio of 12.97, a current ratio of 1.33 and a quick ratio of 0.89. The stock has a market cap of $1.66 billion, a price-to-earnings ratio of -10.07 and a beta of 1.27. The business has a 50 day moving average price of $4.02 and a 200-day moving average price of $5.00. Qurate Retail has a 12 month low of $3.60 and a 12 month high of $9.15.

Qurate Retail (NASDAQ:QRTEB) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $0.04 earnings per share for the quarter. The business had revenue of $2.34 billion during the quarter. Qurate Retail had a negative net margin of 1.56% and a positive return on equity of 23.19%.

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.