QBE Insurance Group Limited – Sponsored ADR (OTCMKTS:QBIEY) Sees Significant Increase in Short Interest

QBE Insurance Group Limited – Sponsored ADR (OTCMKTS:QBIEY) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 62,855 shares, a growth of 26.1% from the November 30th total of 49,834 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 208,781 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 208,781 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

QBE Insurance Group Trading Down 0.0%

Shares of OTCMKTS:QBIEY opened at $13.29 on Friday. The company’s 50-day moving average price is $13.03 and its 200 day moving average price is $13.85. QBE Insurance Group has a fifty-two week low of $11.05 and a fifty-two week high of $15.88.

About QBE Insurance Group

QBE Insurance Group Ltd is an Australian-based multinational insurer that provides a broad range of general insurance and reinsurance products. Headquartered in Sydney, the company operates through two core divisions—General Insurance and Reinsurance—serving retail, commercial and specialty customers across diverse industries. QBE’s offerings encompass property and casualty coverage as well as risk management solutions designed to meet the needs of individuals, small-to-medium enterprises and large corporations.

Founded in 1886 as North Queensland Insurance Co, the business adopted the QBE name in 1973 following a series of mergers with Bankers and Traders Insurance Co and Equitable Fire & General Insurance Co Over more than a century of operations, the firm has expanded its footprint to more than 27 countries, with significant market presence in Australia, North America, Europe, Asia and Latin America.