QBE Insurance Group Limited (OTCMKTS:QBIEY) Short Interest Up 937.5% in September

QBE Insurance Group Limited (OTCMKTS:QBIEY) was the target of a large growth in short interest in September. As of September 15th, there was short interest totalling 8,300 shares, a growth of 937.5% from the August 31st total of 800 shares. Based on an average trading volume of 144,100 shares, the days-to-cover ratio is currently 0.1 days.

QBE Insurance Group Trading Up 1.3 %

QBIEY traded up $0.15 during trading on Friday, hitting $11.48. The company’s stock had a trading volume of 10,581 shares, compared to its average volume of 35,256. The firm’s 50 day moving average price is $11.03 and its 200-day moving average price is $11.47. QBE Insurance Group has a twelve month low of $9.12 and a twelve month high of $12.79.

QBE Insurance Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, September 27th. Shareholders of record on Monday, August 19th will be given a $0.1475 dividend. This is a boost from QBE Insurance Group’s previous dividend of $0.03. The ex-dividend date of this dividend is Monday, August 19th. QBE Insurance Group’s dividend payout ratio is presently -95.86%.

About QBE Insurance Group

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.