Admiral Group plc (OTCMKTS:AMIGY) Sees Large Decrease in Short Interest

Admiral Group plc (OTCMKTS:AMIGY) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 1,400 shares, a decrease of 26.3% from the September 30th total of 1,900 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is currently 0.8 days.

Admiral Group Stock Down 1.4 %

Admiral Group stock traded down $0.47 during trading hours on Monday, hitting $33.14. The stock had a trading volume of 1,400 shares, compared to its average volume of 8,655. The stock’s 50-day moving average price is $37.05 and its 200-day moving average price is $35.08. Admiral Group has a 12-month low of $29.34 and a 12-month high of $39.27.

Admiral Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, October 21st. Investors of record on Friday, September 6th were given a $0.2564 dividend. The ex-dividend date of this dividend was Friday, September 6th. Admiral Group’s dividend payout ratio (DPR) is presently 64.83%.

Admiral Group Company Profile

Admiral Group plc, a financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States. It operates through four segments: UK Insurance, International Insurance, Admiral Money, and Other. The company offers underwriting services, which includes motor, household, pet, travel, and other insurance, as well as car and home insurance; and unsecured personal loans and car finance products.