Is Qurate Retail Inc (NASDAQ: QRTEA) a Risk-Worthy Bet for Bold Investors?

In the last trading session, 1.23 million Qurate Retail Inc (NASDAQ:QRTEA) shares changed hands as the company’s beta touched 2.75. With the company’s per share price at $0.33 changed hands at -$0.01 or -0.81% during last session, the market valuation stood at $150.55M. QRTEA’s last price was a discount, traded about -445.45% off its 52-week high of $1.80. The share price had its 52-week low at $0.31, which suggests the last value was 6.06% up since then. When we look at Qurate Retail Inc’s average trading volume, we note the 10-day average is 2.25 million shares, with the 3-month average coming to 2.47 million.

Qurate Retail Inc (NASDAQ:QRTEA) trade information

Instantly QRTEA was in red as seen at the end of in last trading. With action -16.99%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 0.70%, with the 5-day performance at -16.99% in the red. However, in the 30-day time frame, Qurate Retail Inc (NASDAQ:QRTEA) is -7.75% down. Looking at the short shares, we see there were 4.87 million shares sold at short interest cover period of 1.86 days.

QRTEA Dividends

Qurate Retail Inc is expected to release its next quarterly earnings report in February.

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

If we look at who the major shareholders are, we find that insiders hold 8.56% of Qurate Retail Inc shares while 60.34% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 65.98%. There are 60.34% institutions holding the Qurate Retail Inc stock share, with CONTRARIUS INVESTMENT MANAGEMENT LTD the top institutional holder. As of 2024-06-30, the company held 8.9925% of the shares, roughly 35.25 million QRTEA shares worth $22.21 million.

FPR PARTNERS LLC holds the second largest percentage of outstanding shares, with 7.6354% or 29.93 million shares worth $18.86 million as of 2024-06-30.

Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Strategic Equity Fund . With 10.7 shares estimated at $3.56 million under it, the former controlled 2.76% of total outstanding shares. On the other hand, Vanguard Strategic Equity Fund held about 1.77% of the shares, roughly 6.88 shares worth around $2.29 million.