National Australia Bank Limited (OTCMKTS:NABZY) Sees Large Drop in Short Interest

National Australia Bank Limited (OTCMKTS:NABZY) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 2,600 shares, a decrease of 96.4% from the November 30th total of 72,600 shares. Based on an average trading volume of 180,100 shares, the days-to-cover ratio is currently 0.0 days.

National Australia Bank Trading Down 1.1 %

OTCMKTS NABZY traded down $0.13 during trading hours on Friday, reaching $11.59. 101,916 shares of the stock traded hands, compared to its average volume of 60,371. The stock has a 50 day simple moving average of $12.58 and a two-hundred day simple moving average of $12.51. National Australia Bank has a 1 year low of $9.83 and a 1 year high of $14.06.

National Australia Bank Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 23rd. Investors of record on Monday, November 18th were issued a dividend of $0.2791 per share. This is a boost from National Australia Bank’s previous dividend of $0.26. The ex-dividend date was Monday, November 18th.

About National Australia Bank

National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, and internationally. The company operates through Business and Private Banking; Personal Banking; Corporate and Institutional Banking; New Zealand Banking; and Corporate Functions and Other segments.