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

QBE Insurance Group Limited (OTCMKTS:QBIEY) was the recipient of a large growth in short interest during 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 currently 0.7 days.

QBE Insurance Group Stock Up 2.4 %

Shares of QBE Insurance Group stock opened at $13.36 on Friday. The company has a 50 day moving average price of $12.92 and a 200 day moving average price of $12.17. QBE Insurance Group has a 52 week low of $10.21 and a 52 week high of $14.44.

QBE Insurance Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, March 6th will be given a dividend of $0.4003 per share. The ex-dividend date is Thursday, March 6th. This is a positive change from QBE Insurance Group’s previous dividend of $0.15. QBE Insurance Group’s dividend payout ratio (DPR) is currently -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.