Qurate Retail (NASDAQ:QRTEP) Trading 2.1% Higher

Qurate Retail, Inc. (NASDAQ:QRTEP) traded up 2.1% during mid-day trading on Monday . The stock traded as high as $47.28 and last traded at $46.52. 33,499 shares traded hands during trading, a decline of 31% from the average session volume of 48,762 shares. The stock had previously closed at $45.58.

Qurate Retail Stock Performance

The firm has a 50-day moving average of $47.84 and a two-hundred day moving average of $39.13.

Qurate Retail Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were given a $2.00 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $8.00 annualized dividend and a yield of 16.75%.

Hedge Funds Weigh In On Qurate Retail

A hedge fund recently bought a new stake in Qurate Retail stock. Shikiar Asset Management Inc. purchased a new position in Qurate Retail, Inc. (NASDAQ:QRTEP) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,000 shares of the company’s stock, valued at approximately $298,000.

About Qurate Retail

Qurate Retail, Inc, together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications.