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

Q.E.P. Co. (OTCMKTS:QEPC) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 149 shares, a decline of 63.4% from the August 31st total of 407 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 3,245 shares, the days-to-cover ratio is presently 0.0 days.

Q.E.P. Trading Down 0.0%

Shares of QEPC stock traded down $0.01 on Friday, reaching $53.49. The company had a trading volume of 536 shares, compared to its average volume of 1,014. The stock has a market cap of $163.68 million, a PE ratio of 15.28 and a beta of -0.20. The company has a 50-day moving average of $52.90 and a 200-day moving average of $49.28. Q.E.P. has a 12 month low of $35.05 and a 12 month high of $56.00.

Q.E.P. (OTCMKTS:QEPC) last released its quarterly earnings data 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 net margin of 6.59% and a return on equity of 16.07%.

Q.E.P. Company Profile

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.