QBE Insurance Group Limited – Sponsored ADR (OTCMKTS:QBIEY) Short Interest Up 26.1% in December

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

QBE Insurance Group Price Performance

Shares of QBIEY opened at $13.29 on Wednesday. QBE Insurance Group has a twelve month low of $11.05 and a twelve month high of $15.88. The firm has a fifty day simple moving average of $13.02 and a two-hundred day simple moving average of $13.86.

QBE Insurance Group Company Profile

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.