Macquarie Group Limited (OTCMKTS:MQBKY) Short Interest Up 3,200.0% in January

Macquarie Group Limited (OTCMKTS:MQBKY) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 3,300 shares, a growth of 3,200.0% from the December 31st total of 100 shares. Based on an average trading volume of 28,600 shares, the short-interest ratio is currently 0.1 days.

Macquarie Group Trading Down 0.9 %

MQBKY stock opened at $148.16 on Wednesday. The business’s fifty day moving average price is $144.52 and its 200 day moving average price is $146.54. Macquarie Group has a 12-month low of $118.12 and a 12-month high of $165.98.

Macquarie Group Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, November 12th were issued a dividend of $1.7113 per share. The ex-dividend date was Tuesday, November 12th. Macquarie Group’s dividend payout ratio is currently 77.74%.

Wall Street Analysts Forecast Growth

Separately, Citigroup lowered Macquarie Group from a “hold” rating to a “strong sell” rating in a research note on Sunday, October 13th.

About Macquarie Group

Macquarie Group Limited provides diversified financial services in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Macquarie Asset Management (MAM), Banking and Financial Services (BFS), Commodities and Global Markets (CGM), and Macquarie Capital.