Short Interest in QBE Insurance Group Limited (OTCMKTS:QBIEY) Increases By 611.6%

QBE Insurance Group Limited (OTCMKTS:QBIEY) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 49,100 shares, a growth of 611.6% from the December 31st total of 6,900 shares. Based on an average trading volume of 106,100 shares, the days-to-cover ratio is presently 0.5 days.

QBE Insurance Group Stock Up 2.5 %

QBIEY stock traded up $0.32 during trading on Wednesday, reaching $13.14. 16,256 shares of the stock were exchanged, compared to its average volume of 54,236. The stock has a 50 day simple moving average of $12.44 and a 200-day simple moving average of $11.69. QBE Insurance Group has a twelve month low of $10.10 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.