Short Interest in QBE Insurance Group Limited (OTCMKTS:QBIEY) Rises By 36.2%

QBE Insurance Group Limited (OTCMKTS:QBIEY) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 88,800 shares, an increase of 36.2% from the November 15th total of 65,200 shares. Based on an average trading volume of 78,300 shares, the days-to-cover ratio is currently 1.1 days.

QBE Insurance Group Stock Down 1.3 %

Shares of OTCMKTS QBIEY traded down $0.16 during midday trading on Friday, reaching $11.95. The stock had a trading volume of 16,384 shares, compared to its average volume of 37,117. The company’s 50 day moving average price is $12.06 and its 200 day moving average price is $11.62. QBE Insurance Group has a twelve month low of $9.26 and a twelve month high of $13.35.

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.