Unipol Gruppo S.p.A. (OTCMKTS:UFGSY) Short Interest Update

Unipol Gruppo S.p.A. (OTCMKTS:UFGSY) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 100 shares, a drop of 97.8% from the June 30th total of 4,500 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is presently 0.2 days.

Unipol Gruppo Stock Performance

Shares of UFGSY opened at C$9.67 on Thursday. Unipol Gruppo has a one year low of C$6.88 and a one year high of C$10.15. The stock has a 50-day moving average of C$9.82 and a 200-day moving average of C$7.73.

Unipol Gruppo Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 5th. Shareholders of record on Wednesday, May 21st were issued a dividend of $0.2856 per share. This is a positive change from Unipol Gruppo’s previous dividend of $0.13. This represents a yield of 2.88%. The ex-dividend date was Tuesday, May 20th. Unipol Gruppo’s payout ratio is currently 117.17%.

About Unipol Gruppo

Unipol Gruppo S.p.A., together with its subsidiaries, provides insurance products and services primarily in Italy. The company operates through Non-Life Insurance Business, Life Insurance Business, and Holding and Other Businesses segments. It offers risk cover solutions for vehicles, sports craft, and travel; home and condominiums; work related to businesses, traders, professionals, and legal protection; accident and health protection; and investments and welfare.