Short Interest in Admiral Group plc (OTCMKTS:AMIGY) Grows By 11.6%

Admiral Group plc (OTCMKTS:AMIGY) saw a large increase in short interest in September. As of September 15th, there was short interest totalling 7,700 shares, an increase of 11.6% from the August 31st total of 6,900 shares. Based on an average daily volume of 3,600 shares, the short-interest ratio is presently 2.1 days.

Admiral Group Stock Performance

Shares of Admiral Group stock opened at $37.60 on Friday. The stock’s 50-day moving average is $36.74 and its 200 day moving average is $35.00. Admiral Group has a one year low of $27.89 and a one year high of $39.27.

Admiral Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, October 21st. Investors of record on Friday, September 6th will be paid a dividend of $0.2564 per share. The ex-dividend date of this dividend is Friday, September 6th. Admiral Group’s dividend payout ratio (DPR) is currently 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.