The Future Belongs To Qurate Retail Inc (NASDAQ: QRTEA) For Risk-Tolerant Investors

During the recent session, Qurate Retail Inc (NASDAQ:QRTEA)’s traded shares were 0.54 million, with the beta value of the company hitting 2.76. At the last check today, the stock’s price was $0.36, reflecting an intraday gain of 8.76% or $0.03. The 52-week high for the QRTEA share is $1.80, that puts it down -400.0 from that peak though still a striking 13.89% gain since the share price plummeted to a 52-week low of $0.31. The company’s market capitalization is $167.32M, and the average intraday trading volume over the past 10 days was 2.97 million shares, and the average trade volume was 2.65 million shares over the past three months.

Qurate Retail Inc (NASDAQ:QRTEA) trade information

Qurate Retail Inc (QRTEA) registered a 8.76% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 8.76% in intraday trading to $0.36, hitting a weekly high. The stock’s 5-day price performance is 3.82%, and it has moved by -18.64% in 30 days. Based on these gigs, the overall price performance for the year is -58.68%. The short interest in Qurate Retail Inc (NASDAQ:QRTEA) is 5.05 million shares and it means that shorts have 1.83 day(s) to cover.

QRTEA Dividends

Qurate Retail Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Qurate Retail Inc (NASDAQ:QRTEA)’s Major holders

Qurate Retail Inc insiders own 8.56% of total outstanding shares while institutional holders control 60.34%, with the float percentage being 65.98%. CONTRARIUS INVESTMENT MANAGEMENT LTD is the largest shareholder of the company, while 227.0 institutions own stock in it. As of 2024-06-30, the company held over 35.25 million shares (or 8.9925% of all shares), a total value of $22.21 million in shares.

The next largest institutional holding, with 29.93 million shares, is of FPR PARTNERS LLC’s that is approximately 7.6354% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $18.86 million.

Also, the Mutual Funds coming in first place with the largest holdings of Qurate Retail Inc (QRTEA) shares are Vanguard Total Stock Market Index Fund and Vanguard Strategic Equity Fund. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 10.7 shares. This amounts to just over 2.76 percent of the company’s overall shares, with a $3.85 million market value. The same data shows that the other fund manager holds slightly less at 6.88, or about 1.77% of the stock, which is worth about $2.48 million.