QBE Insurance Group Limited – Sponsored ADR (OTCMKTS:QBIEY) Short Interest Update

QBE Insurance Group Limited – Sponsored ADR (OTCMKTS:QBIEY) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 98,558 shares, a growth of 117.4% from the April 30th total of 45,341 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 147,320 shares, the short-interest ratio is presently 0.7 days.

QBE Insurance Group Trading Down 1.5%

Shares of QBIEY stock traded down $0.24 during trading on Tuesday, reaching $16.05. The company’s stock had a trading volume of 173,754 shares, compared to its average volume of 77,949. The stock’s 50-day moving average price is $15.93 and its 200 day moving average price is $14.51. QBE Insurance Group has a 1-year low of $12.46 and a 1-year high of $17.49.

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.