Admiral Group plc (OTCMKTS:AMIGY) Short Interest Down 75.3% in September

Admiral Group plc (OTCMKTS:AMIGY) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 1,900 shares, a decrease of 75.3% from the September 15th total of 7,700 shares. Based on an average daily trading volume, of 1,400 shares, the short-interest ratio is presently 1.4 days.

Admiral Group Price Performance

Shares of AMIGY opened at $35.67 on Friday. The firm has a 50-day moving average price of $37.13 and a 200 day moving average price of $35.07. Admiral Group has a 12-month low of $28.92 and a 12-month high of $39.27.

Admiral Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, October 21st. Shareholders of record on Friday, September 6th will be paid a dividend of $0.2564 per share. The ex-dividend date is Friday, September 6th. Admiral Group’s dividend payout ratio (DPR) is presently 64.83%.

About Admiral Group

Admiral Group plc, a financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States. It operates through four segments: UK Insurance, International Insurance, Admiral Money, and Other. The company offers underwriting services, which includes motor, household, pet, travel, and other insurance, as well as car and home insurance; and unsecured personal loans and car finance products.