QBE Insurance Group Limited (OTCMKTS:QBIEY) Sees Large Increase in Short Interest

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

QBE Insurance Group Price Performance

QBE Insurance Group stock traded down $0.16 during trading hours on Friday, hitting $11.95. 16,384 shares of the stock were exchanged, compared to its average volume of 37,117. The business’s 50-day moving average is $12.06 and its two-hundred day moving average is $11.62. QBE Insurance Group has a 12 month low of $9.26 and a 12 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.