Macquarie Group Limited (OTCMKTS:MQBKY) Short Interest Up 3,200.0% in January

Macquarie Group Limited (OTCMKTS:MQBKY) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 3,300 shares, a growth of 3,200.0% from the December 31st total of 100 shares. Based on an average daily volume of 28,600 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Citigroup cut shares of Macquarie Group from a “hold” rating to a “strong sell” rating in a report on Sunday, October 13th.

Macquarie Group Stock Down 0.9 %

Shares of OTCMKTS:MQBKY opened at $148.16 on Wednesday. The stock’s 50-day moving average is $144.52 and its 200-day moving average is $146.54. Macquarie Group has a 52-week low of $118.12 and a 52-week high of $165.98.

Macquarie Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, November 12th were given a $1.7113 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. Macquarie Group’s dividend payout ratio is currently 77.74%.

Macquarie Group Company Profile

Macquarie Group Limited provides diversified financial services in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Macquarie Asset Management (MAM), Banking and Financial Services (BFS), Commodities and Global Markets (CGM), and Macquarie Capital.