Q.E.P. Co. (OTCMKTS:QEPC) Shares Shorted: Short Interest Down 63.4% in September

Q.E.P. Co. (OTCMKTS:QEPC) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 149 shares, a drop of 63.4% from the August 31st total of 407 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 3,245 shares, the short-interest ratio is currently 0.0 days.

Q.E.P. Price Performance

Shares of QEPC stock traded down $0.01 on Friday, reaching $53.49. 536 shares of the stock were exchanged, compared to its average volume of 1,014. Q.E.P. has a one year low of $35.05 and a one year high of $56.00. The stock has a market cap of $163.68 million, a PE ratio of 15.28 and a beta of -0.20. The stock has a 50 day moving average price of $52.90 and a 200 day moving average price of $49.28.

Q.E.P. (OTCMKTS:QEPC) last posted its quarterly earnings results on Wednesday, July 15th. The company reported $1.33 earnings per share (EPS) for the quarter. The business had revenue of $60.96 million for the quarter. Q.E.P. had a return on equity of 16.07% and a net margin of 6.59%.

Q.E.P. Company Profile

Q.E.P. Co, Inc is a manufacturer and distributor of tools, equipment and installation supplies used in the flooring industry. The company’s product offerings serve installation and maintenance applications for carpet, hardwood, laminate, vinyl, tile and other floor coverings.

Its products include flooring hand tools, cutting and seam equipment, underlayment, adhesives, grouts, trowels, installation accessories and related jobsite supplies. Q.E.P. sells through home improvement retailers, flooring distributors and other specialty channels to professional installers, contractors and do-it-yourself customers.

Based in Boca Raton, Florida, Q.E.P.