QBE Insurance Group Limited (OTCMKTS:QBIEY) Short Interest Update

QBE Insurance Group Limited (OTCMKTS:QBIEYGet Rating) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 94,200 shares, an increase of 705.1% from the April 30th total of 11,700 shares. Based on an average daily volume of 97,700 shares, the short-interest ratio is presently 1.0 days.

Shares of QBIEY stock traded up $0.03 during trading on Wednesday, hitting $8.80. The company had a trading volume of 73,545 shares, compared to its average volume of 40,631. The stock’s 50-day moving average is $8.64 and its two-hundred day moving average is $8.53. QBE Insurance Group has a 52 week low of $7.35 and a 52 week high of $9.45.

The business 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. This represents a dividend yield of 2.38%. This is a boost from QBE Insurance Group’s previous dividend of $0.11. The ex-dividend date was Monday, March 7th.

About QBE Insurance Group (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.

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