QVC Group Inc. (NASDAQ:QVCGA) Short Interest Update

QVC Group Inc. (NASDAQ:QVCGA) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 964,692 shares, a growth of 80.1% from the January 29th total of 535,745 shares. Based on an average daily volume of 346,342 shares, the days-to-cover ratio is currently 2.8 days. Currently, 13.6% of the company’s stock are sold short. Currently, 13.6% of the company’s stock are sold short. Based on an average daily volume of 346,342 shares, the days-to-cover ratio is currently 2.8 days.

QVC Group Stock Down 9.6%

QVC Group stock traded down $0.32 during trading hours on Friday, hitting $3.02. The stock had a trading volume of 155,825 shares, compared to its average volume of 240,429. The stock’s 50-day moving average price is $8.50 and its 200-day moving average price is $9.60. The stock has a market capitalization of $24.37 million, a P/E ratio of -0.01 and a beta of 2.67. QVC Group has a 12-month low of $2.27 and a 12-month high of $18.50.

Institutional Trading of QVC Group

Institutional investors have recently added to or reduced their stakes in the business. Permit Capital LLC purchased a new position in shares of QVC Group in the second quarter worth $412,000. Simplify Asset Management Inc. bought a new stake in QVC Group in the 2nd quarter worth about $33,000. Geode Capital Management LLC bought a new stake in QVC Group in the 2nd quarter worth about $199,000. Wittenberg Investment Management Inc. bought a new position in QVC Group during the 2nd quarter valued at about $237,000. Finally, XTX Topco Ltd bought a new position in QVC Group during the 2nd quarter valued at about $32,000. 64.10% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on QVCGA shares. Wall Street Zen upgraded QVC Group from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Weiss Ratings reissued a “sell (d-)” rating on shares of QVC Group in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

QVC Group Company Profile

QVC Group (NASDAQ:QVCGA) is a global omnichannel retailer specializing in video- and live-based shopping experiences across television, digital and mobile platforms. Founded in 1986 and headquartered in West Chester, Pennsylvania, the company offers an extensive range of products including fashion and accessories, beauty and personal care, home and garden goods, electronics and jewelry. QVC Group blends curated programming with on-demand ecommerce to engage customers through interactive demonstrations and storytelling.

The company operates through multiple segments, notably QVC U.S.