National Australia Bank Limited (OTCMKTS:NABZY) Short Interest Update

National Australia Bank Limited (OTCMKTS:NABZY) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 67,000 shares, a growth of 612.8% from the October 31st total of 9,400 shares. Based on an average trading volume of 110,700 shares, the days-to-cover ratio is presently 0.6 days.

National Australia Bank Trading Up 0.8 %

Shares of OTCMKTS NABZY traded up $0.10 during mid-day trading on Wednesday, reaching $12.85. The company had a trading volume of 84,712 shares, compared to its average volume of 53,850. National Australia Bank has a twelve month low of $9.03 and a twelve month high of $14.06. The stock’s 50 day moving average is $12.98 and its 200-day moving average is $12.41.

National Australia Bank Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, November 18th will be given a dividend of $0.2791 per share. This is an increase from National Australia Bank’s previous dividend of $0.26. The ex-dividend date is 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.