QBE Insurance Group Limited (OTCMKTS:QBIEY) Short Interest Down 28.5% in February

QBE Insurance Group Limited (OTCMKTS:QBIEY) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 18,800 shares, a decline of 28.5% from the January 31st total of 26,300 shares. Based on an average daily trading volume, of 106,500 shares, the days-to-cover ratio is presently 0.2 days.

QBE Insurance Group Stock Up 1.1 %

QBIEY traded up $0.15 during trading on Wednesday, hitting $13.70. The company’s stock had a trading volume of 27,015 shares, compared to its average volume of 44,997. The business’s 50 day simple moving average is $12.74 and its 200-day simple moving average is $12.05. QBE Insurance Group has a one year low of $10.21 and a one year high of $14.44.

QBE Insurance Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, April 17th. Stockholders of record on Thursday, March 6th will be paid a $0.4003 dividend. This is a positive change 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 -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.