Short Interest in Q.E.P. Co., Inc. (OTCMKTS:QEPC) Rises By 100.0%

Q.E.P. Co., Inc. (OTCMKTS:QEPC) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 400 shares, an increase of 100.0% from the December 31st total of 200 shares. Based on an average daily volume of 2,200 shares, the days-to-cover ratio is currently 0.2 days.

Q.E.P. Stock Performance

Shares of Q.E.P. stock traded up $0.37 during trading hours on Wednesday, hitting $43.86. The company’s stock had a trading volume of 699 shares, compared to its average volume of 4,994. Q.E.P. has a 12-month low of $18.57 and a 12-month high of $43.93. The business has a 50 day moving average price of $36.89 and a two-hundred day moving average price of $35.52. The company has a market cap of $148.25 million, a PE ratio of 39.49 and a beta of -0.40.

Q.E.P. (OTCMKTS:QEPC) last announced its quarterly earnings data on Tuesday, January 14th. The company reported $1.40 earnings per share (EPS) for the quarter. Q.E.P. had a net margin of 4.89% and a return on equity of 20.21%.

Q.E.P. Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Monday, February 3rd will be issued a $0.20 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 1.82%.

Q.E.P. Company Profile

Q.E.P. Co, Inc designs, manufactures, and distributes flooring installation solutions for commercial and home improvement projects worldwide. The company’s product portfolio includes tile saws, blades, and accessories; tile cutters and accessories; hand tools; tile spacers and leveling systems; suction cups; trowels and floats; mixers and paddles; drill bits, hole saws, and jigsaw blades; scarpers and blades; clean-up, repair, and maintenance products; knee pads and safety products; underlayment products; installation kits; and cement boards tools.