Q.E.P. Co. (OTCMKTS:QEPC) Sees Significant Growth in Short Interest

Q.E.P. Co. (OTCMKTS:QEPC) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 407 shares, a growth of ∞ from the August 15th total of 0 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 4,957 shares, the short-interest ratio is presently 0.1 days.

Q.E.P. Price Performance

Shares of Q.E.P. stock traded down $0.00 on Wednesday, reaching $53.60. 200 shares of the company were exchanged, compared to its average volume of 3,583. The stock’s 50 day moving average price is $52.02 and its 200-day moving average price is $48.52. Q.E.P. has a 1-year low of $35.05 and a 1-year high of $56.00. The company has a market cap of $164.55 million, a P/E ratio of 15.31 and a beta of -0.20.

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

About Q.E.P.

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.