Q.E.P. Co. (OTCMKTS:QEPC) Shares Shorted: Short Interest Up 347.0% in October

Q.E.P. Co. (OTCMKTS:QEPC – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 961 shares, an increase of 347.0% from the September 30th total of 215 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 1,045 shares, the short-interest ratio is currently 0.9 days.

Q.E.P. Stock Performance

QEPC stock opened at $54.82 on Wednesday. The business has a 50-day moving average price of $53.92 and a 200 day moving average price of $47.83. Q.E.P. has a 1-year low of $35.05 and a 1-year high of $60.98.

Q.E.P. (OTCMKTS:QEPC – Get Free Report) last issued its earnings results on Thursday, October 15th. The company reported $1.97 earnings per share (EPS) for the quarter. The business had revenue of $61.05 million for the quarter.

About Q.E.P.

(Get Free Report)

Q.E.P. Co, Inc is a manufacturer and distributor of tools, materials and accessories used to install and maintain flooring. Its product offerings are designed for professional flooring contractors, retailers and do-it-yourself consumers and include tile, carpet, hardwood, laminate and vinyl flooring installation products.

The company’s portfolio includes flooring installation tools, adhesives, underlayments, trowels, spacers, cutters, kneepads, transition moldings and related accessories.

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