In the latest trading session, 0.67 million Qurate Retail Inc (NASDAQ:QRTEA) shares changed hands as the company’s beta touched 2.76. With the company’s most recent per share price at $0.37 changing hands around $0.02 or 3.63% at last look, the market valuation stands at $161.41M. QRTEA’s current price is a discount, trading about -386.49% 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 16.22% up since then. When we look at Qurate Retail Inc’s average trading volume, we note the 10-day average is 1.65 million shares, with the 3-month average coming to 2.48 million.
Qurate Retail Inc (NASDAQ:QRTEA) trade information
Instantly QRTEA is in green as seen in intraday trades today. With action -4.99%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 10.88%, with the 5-day performance at -4.99% in the red. However, in the 30-day time frame, Qurate Retail Inc (NASDAQ:QRTEA) is 10.88% up. Looking at the short shares, we see there were 4.08 million shares sold at short interest cover period of 1.74 days.
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 60.70% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 66.38%. There are 60.70% 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 $3.82 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 $2.46 million.
