National Australia Bank Limited (OTCMKTS:NABZY) Short Interest Up 992.3% in December

National Australia Bank Limited (OTCMKTS:NABZY) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 28,400 shares, an increase of 992.3% from the December 15th total of 2,600 shares. Based on an average daily trading volume, of 357,900 shares, the short-interest ratio is currently 0.1 days.

National Australia Bank Price Performance

Shares of NABZY traded down $0.05 during trading hours on Monday, reaching $11.51. The stock had a trading volume of 182,979 shares, compared to its average volume of 144,997. The firm has a 50-day moving average of $12.33 and a 200 day moving average of $12.51. National Australia Bank has a 52 week low of $9.93 and a 52 week high of $14.06.

National Australia Bank Increases Dividend

The business also recently announced a dividend, which was paid on Monday, December 23rd. Investors of record on Monday, November 18th were given a $0.2791 dividend. The ex-dividend date of this dividend was Monday, November 18th. This is an increase from National Australia Bank’s previous dividend of $0.26.

About National Australia Bank

National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, and internationally. The company operates through Business and Private Banking; Personal Banking; Corporate and Institutional Banking; New Zealand Banking; and Corporate Functions and Other segments.