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

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

Q.E.P. Price Performance

Shares of OTCMKTS:QEPC opened at $53.60 on Tuesday. The business’s fifty day moving average price is $51.91 and its two-hundred day moving average price is $48.41. Q.E.P. has a fifty-two week low of $35.05 and a fifty-two week high of $56.00. The stock has a market capitalization of $164.55 million, a price-to-earnings ratio of 15.31 and a beta of -0.20.

Q.E.P. (OTCMKTS:QEPC) last announced its quarterly earnings data on Wednesday, July 15th. The company reported $1.33 EPS for the quarter. The firm had revenue of $60.96 million during 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 (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.