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

QBE Insurance Group Limited (OTCMKTS:QBIEY) was the target of a large decline in short interest in March. As of March 31st, there was short interest totalling 9,500 shares, a decline of 64.7% from the March 15th total of 26,900 shares. Based on an average daily volume of 38,100 shares, the short-interest ratio is currently 0.2 days.

QBE Insurance Group Stock Performance

Shares of QBE Insurance Group stock traded up $0.03 during trading on Tuesday, hitting $13.10. 41,847 shares of the stock traded hands, compared to its average volume of 46,065. QBE Insurance Group has a 52-week low of $10.21 and a 52-week high of $14.57. The stock’s fifty day simple moving average is $13.24 and its 200 day simple moving average is $12.53.

QBE Insurance Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, March 6th will be issued a dividend of $0.4003 per share. This is a positive change 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 (DPR) 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.