Old QVC Group, Inc. (NASDAQ:QVCG) Short Interest Up ∞ in August

Old QVC Group, Inc. (NASDAQ:QVCG) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 505,343 shares, a growth of ∞ from the July 30th total of 0 shares. Based on an average trading volume of 132,406 shares, the short-interest ratio is currently 3.8 days.

Old QVC Group Stock Up 4.8%

NASDAQ QVCG opened at $17.59 on Tuesday. Old QVC Group has a 12 month low of $14.60 and a 12 month high of $20.00.

Insider Buying and Selling at Old QVC Group

In other Old QVC Group news, major shareholder Goldentree Asset Management Lp bought 44,542 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was purchased at an average price of $15.18 per share, for a total transaction of $676,147.56. Following the completion of the transaction, the insider owned 8,628,324 shares of the company’s stock, valued at $130,977,958.32. This trade represents a 0.52% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders bought a total of 88,172 shares of company stock valued at $1,353,788 over the last three months.

Old QVC Group Company Profile

Old QVC Group (NASDAQ:QVCG) is a video and livestream commerce company whose operations center on QVC and HSN. The company combines television shopping, online retail, mobile applications and social commerce to offer products directly to consumers. Its merchandise generally includes apparel, beauty products, home goods, electronics, jewelry and other consumer products.

QVC Group traces its history to QVC, which was founded in 1986, and HSN, an earlier home-shopping network established in 1977.