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

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

QBE Insurance Group Price Performance

OTCMKTS QBIEY traded up $0.13 during trading hours on Tuesday, hitting $13.75. The company’s stock had a trading volume of 48,184 shares, compared to its average volume of 45,595. QBE Insurance Group has a 12 month low of $10.21 and a 12 month high of $14.12. The company’s 50 day simple moving average is $12.71 and its two-hundred day simple moving average is $12.03.

QBE Insurance Group Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, March 6th will be given 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 (DPR) is presently -95.86%.

QBE Insurance Group Company Profile

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.