Short Interest in Q.E.P. Co. (OTCMKTS:QEPC) Declines By 99.6%

Q.E.P. Co. (OTCMKTS:QEPC) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 2 shares, a decline of 99.6% from the June 30th total of 517 shares. Based on an average daily volume of 5,353 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Q.E.P. Stock Up 0.5%

Shares of QEPC traded up $0.27 during mid-day trading on Friday, reaching $49.75. The company’s stock had a trading volume of 345 shares, compared to its average volume of 1,826. The company has a market cap of $153.73 million, a price-to-earnings ratio of 14.21 and a beta of -0.24. The business has a fifty day moving average of $48.54 and a 200 day moving average of $44.73. Q.E.P. has a 1 year low of $35.05 and a 1 year high of $51.00.

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