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

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

QBE Insurance Group Stock Up 2.4 %

OTCMKTS QBIEY opened at $13.36 on Friday. QBE Insurance Group has a twelve month low of $10.21 and a twelve month high of $14.44. The stock has a 50-day moving average of $12.92 and a 200 day moving average of $12.16.

QBE Insurance Group Increases Dividend

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