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

QBE Insurance Group Limited (OTCMKTS:QBIEY) was the target of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 10,800 shares, a drop of 34.5% from the May 15th total of 16,500 shares. Based on an average trading volume of 47,100 shares, the short-interest ratio is currently 0.2 days.

QBE Insurance Group Trading Up 1.3%

Shares of OTCMKTS QBIEY opened at $15.12 on Thursday. QBE Insurance Group has a one year low of $10.21 and a one year high of $15.88. The firm’s 50 day simple moving average is $14.43 and its two-hundred day simple moving average is $13.39.

QBE Insurance Group Company Profile

QBE Insurance Group Limited engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally. It offers range of commercial, personal, and specialty products, such as commercial and domestic property, agriculture, public/product liability, motor and motor casualty, professional indemnity, workers' compensation, accident, health, financial and credit, and other insurance products, as well as marine, energy and aviation insurance products, and risk management solutions.