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

QBE Insurance Group Limited - Sponsored ADR (OTCMKTS:QBIEY - Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 19,000 shares, a growth of 458.8% from the September 15th total of 3,400 shares. Based on an average daily trading volume, of 108,300 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 108,300 shares, the short-interest ratio is presently 0.2 days.Get QBE Insurance Group alerts:QBE Insurance Group Stock PerformanceOTCMKTS:QBIEY opened at $13.92 on Friday. The stock has a market capitalization of $21.02 billion and a P/E ratio of -45.06. The company's 50-day simple moving average is $13.80 and its 200-day simple moving average is $14.26. QBE Insurance Group has a fifty-two week low of $11.05 and a fifty-two week high of $15.88. QBE Insurance Group Cuts DividendThe business also recently disclosed a dividend, which was paid on Friday, October 3rd. Investors of record on Thursday, August 21st were given a $0.0505 dividend. This represents a dividend yield of 417.0%. The ex-dividend date of this dividend was Wednesday, August 20th. QBE Insurance Group's dividend payout ratio (DPR) is presently -123.00%. About QBE Insurance Group (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.Featured StoriesFive stocks we like better than QBE Insurance GroupHow to Use the MarketBeat Dividend CalculatorSalesforce’s Long-Awaited Inflection is Here: Rally On!Are Penny Stocks a Good Fit for Your Portfolio?Rocket Lab USA Receives Wall Street Validation: Time to Buy?Should You Add These Warren Buffett Stocks to Your Portfolio?Archer Buys Rival's Patent Treasure Trove in Strategic MoveThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in QBE Insurance Group Right Now?Before you consider QBE Insurance Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and QBE Insurance Group wasn't on the list.While QBE Insurance Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here