QBE Insurance Group Limited (OTCMKTS:QBIEY) Short Interest Up 611.6% in December

by · The Markets Daily

QBE Insurance Group Limited (OTCMKTS:QBIEY – Get Free Report) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 49,100 shares, an increase of 611.6% from the December 15th total of 6,900 shares. Based on an average daily volume of 106,100 shares, the short-interest ratio is currently 0.5 days.

QBE Insurance Group Trading Down 0.5 %

OTCMKTS QBIEY traded down $0.06 during trading on Monday, reaching $11.84. 57,778 shares of the company’s stock traded hands, compared to its average volume of 53,997. QBE Insurance Group has a 12-month low of $9.79 and a 12-month high of $13.35. The company’s 50 day simple moving average is $12.37 and its two-hundred day simple moving average is $11.61.

QBE Insurance Group Company Profile

(Get Free Report)

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.

Recommended Stories