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

Q.E.P. Co. (OTCMKTS:QEPC) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 10 shares, a growth of 400.0% from the July 15th total of 2 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,478 shares, the days-to-cover ratio is presently 0.0 days.

Q.E.P. Price Performance

Q.E.P. stock opened at $54.99 on Wednesday. The firm has a market cap of $169.92 million, a PE ratio of 15.71 and a beta of -0.22. The stock’s fifty day moving average price is $49.64 and its two-hundred day moving average price is $46.11. Q.E.P. has a one year low of $35.05 and a one year high of $54.99.

Q.E.P. (OTCMKTS:QEPC) last released its earnings results on Wednesday, July 15th. The company reported $1.33 earnings per share (EPS) for the quarter. Q.E.P. had a return on equity of 15.99% and a net margin of 6.59%.The company had revenue of $60.96 million for the quarter.

About Q.E.P.

Q.E.P. Co, Inc (OTCMKTS: QEPC) is a manufacturer and distributor of flooring installation products and related accessories. The company’s product offerings include tile installation systems, grout, adhesives, and a range of hand and power tools designed for use by professional contractors and do-it-yourself consumers. Q.E.P. also provides flooring maintenance and cleaning solutions to support its core installation portfolio.

Operating through a network of home improvement retailers, specialty distributors and e-commerce partners, Q.E.P.