QBE Insurance Group Limited (OTCMKTS:QBIEY) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 41,800 shares, a growth of 150.3% from the September 15th total of 16,700 shares. Based on an average daily volume of 48,900 shares, the days-to-cover ratio is presently 0.9 days.
QBIEY stock traded up $0.13 during trading on Thursday, hitting $8.82. The company had a trading volume of 20,399 shares, compared to its average volume of 78,200. The business has a 50 day moving average of $8.64 and a 200 day moving average of $8.24. QBE Insurance Group has a fifty-two week low of $5.61 and a fifty-two week high of $9.44.
The firm also recently declared a dividend, which was paid on Friday, October 1st. Shareholders of record on Monday, August 23rd were given a $0.109 dividend. This represents a yield of 1.18%. The ex-dividend date of this dividend was Friday, August 20th.
QBE Insurance Group Ltd. is a general insurance and reinsurance company. It underwrites general insurance and reinsurance risks and also provides investment management. It operates through the following segments: North America, International, and Australia Pacific. The company was founded in 1973 and is headquartered in Sydney, Australia.
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