Qurate Retail, Inc. (NASDAQ:QRTEB) Short Interest Up 23.4% in October

Qurate Retail, Inc. (NASDAQ:QRTEB) saw a significant growth in short interest during the month of 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 trading volume, of 4,400 shares, the short-interest ratio is presently 1.8 days. Approximately 0.8% of the shares of the company are sold short.

Qurate Retail Stock Performance

Shares of NASDAQ:QRTEB traded up $0.07 during trading on Friday, hitting $3.33. The company’s stock had a trading volume of 1,890 shares, compared to its average volume of 3,532. The company has a 50-day moving average of $3.67 and a 200-day moving average of $3.87. The company has a debt-to-equity ratio of 8.74, a current ratio of 1.22 and a quick ratio of 0.90. Qurate Retail has a 12 month low of $2.90 and a 12 month high of $7.69.

Institutional Trading of Qurate Retail

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 third quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,447 shares of the company’s stock, valued at approximately $45,000. 2.25% of the stock is owned by institutional investors and hedge funds.

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.