Direct Line Insurance Group plc (OTCMKTS:DIISY) Sees Significant Drop in Short Interest

Direct Line Insurance Group plc (OTCMKTS:DIISY) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 300 shares, a decline of 92.9% from the November 30th total of 4,200 shares. Based on an average daily trading volume, of 5,600 shares, the short-interest ratio is currently 0.1 days.

Direct Line Insurance Group Stock Performance

Shares of OTCMKTS:DIISY traded up $0.14 during trading on Friday, reaching $12.67. 509 shares of the company traded hands, compared to its average volume of 2,195. Direct Line Insurance Group has a 52-week low of $7.63 and a 52-week high of $12.81. The business’s fifty day moving average is $10.14 and its 200-day moving average is $9.90.

About Direct Line Insurance Group

Direct Line Insurance Group plc engages in the provision of general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. It offers motor, home, van, landlord, rescue, pet, tradesperson, business, creditor and select, and travel insurance products, as well as commercial insurance for small and medium-sized enterprises.