Q.E.P. Co. (OTCMKTS:QEPC) Short Interest Down 99.6% in July

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

Q.E.P. Trading Up 0.5%

Shares of QEPC opened at $49.75 on Friday. The stock has a market capitalization of $153.73 million, a P/E ratio of 14.21 and a beta of -0.24. The firm’s fifty day simple moving average is $48.54 and its two-hundred day simple moving average is $44.73. Q.E.P. has a 12 month low of $35.05 and a 12 month high of $51.00.

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

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.