QBE Insurance Group Limited (OTCMKTS:QBIEY) Short Interest Up 24.2% in July

QBE Insurance Group Limited (OTCMKTS:QBIEY) saw a significant growth in short interest in July. As of July 31st, there was short interest totalling 28,700 shares, a growth of 24.2% from the July 15th total of 23,100 shares. Based on an average daily trading volume, of 170,000 shares, the short-interest ratio is currently 0.2 days.

QBE Insurance Group Stock Down 0.3 %

QBIEY traded down $0.03 on Thursday, reaching $10.75. The stock had a trading volume of 35,983 shares, compared to its average volume of 29,030. QBE Insurance Group has a 12-month low of $9.00 and a 12-month high of $12.79. The business’s 50-day moving average price is $11.51 and its two-hundred day moving average price is $11.45.

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 issued 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 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.