Short Interest in QBE Insurance Group Limited (OTCMKTS:QBIEY) Rises By 611.6%

QBE Insurance Group Limited (OTCMKTS:QBIEY) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 49,100 shares, a growth of 611.6% from the December 31st total of 6,900 shares. Based on an average daily trading volume, of 106,100 shares, the short-interest ratio is presently 0.5 days.

QBE Insurance Group Stock Up 2.5 %

OTCMKTS QBIEY traded up $0.32 during trading hours on Wednesday, hitting $13.14. The company had a trading volume of 16,256 shares, compared to its average volume of 54,236. The firm has a 50 day simple moving average of $12.44 and a 200 day simple moving average of $11.69. QBE Insurance Group has a 52 week low of $10.10 and a 52 week high of $13.35.

QBE Insurance Group Company Profile

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.