QBE Insurance Group Limited (OTCMKTS:QBIEY) Short Interest Update

QBE Insurance Group Limited (OTCMKTS:QBIEY) saw a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 37,100 shares, an increase of 97.3% from the February 13th total of 18,800 shares. Based on an average trading volume of 50,300 shares, the days-to-cover ratio is presently 0.7 days.

QBE Insurance Group Trading Up 2.4 %

QBE Insurance Group stock opened at $13.36 on Friday. QBE Insurance Group has a one year low of $10.21 and a one year high of $14.44. The stock has a fifty day moving average of $12.92 and a 200 day moving average of $12.17.

QBE Insurance Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.4003 per share. This is a boost from QBE Insurance Group’s previous dividend of $0.15. The ex-dividend date of this dividend is Thursday, March 6th. QBE Insurance Group’s dividend 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.