QBE Insurance Group Limited (OTCMKTS:QBIEY) Sees Large Increase in Short Interest

QBE Insurance Group Limited (OTCMKTS:QBIEYGet Rating) was the target of a large growth in short interest in April. As of April 30th, there was short interest totalling 11,700 shares, a growth of 101.7% from the April 15th total of 5,800 shares. Based on an average daily trading volume, of 61,600 shares, the short-interest ratio is presently 0.2 days.

QBE Insurance Group stock opened at $8.90 on Friday. QBE Insurance Group has a 52 week low of $7.35 and a 52 week high of $9.45. The firm’s 50-day simple moving average is $8.49 and its 200 day simple moving average is $8.55.

The firm also recently disclosed a dividend, which was paid on Tuesday, April 19th. Investors of record on Tuesday, March 8th were given a $0.1263 dividend. The ex-dividend date was Monday, March 7th. This is a positive change from QBE Insurance Group’s previous dividend of $0.11. This represents a dividend yield of 2.38%.

QBE Insurance Group Company Profile (Get Rating)

QBE Insurance Group Limited underwrites general insurance and reinsurance risks. The company offers range of commercial, personal, and specialty products, such as commercial and domestic property, motor and motor casualty, agriculture, public/product liability, professional indemnity, workers' compensation, marine, energy and aviation, accident and health, financial and credit, and other insurances, as well as risk management solutions.

Featured Stories

Receive News & Ratings for QBE Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QBE Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.