Macquarie Group Limited (OTCMKTS:MQBKY) Short Interest Up 19.4% in November

Macquarie Group Limited (OTCMKTS:MQBKY) was the target of a large growth in short interest in November. As of November 30th, there was short interest totalling 3,700 shares, a growth of 19.4% from the November 15th total of 3,100 shares. Based on an average trading volume of 26,800 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

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

Macquarie Group Stock Performance

Shares of MQBKY stock traded down $0.16 during trading hours on Monday, reaching $143.03. The company had a trading volume of 14,032 shares, compared to its average volume of 8,036. Macquarie Group has a one year low of $118.12 and a one year high of $165.98. The business has a fifty day moving average price of $151.51 and a 200-day moving average price of $144.44.

Macquarie Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 27th. Investors of record on Tuesday, November 12th will be issued a $1.7113 dividend. The ex-dividend date of this dividend is Tuesday, November 12th. Macquarie Group’s payout ratio is currently 80.85%.

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.