Admiral Group plc (OTCMKTS:AMIGY) Short Interest Down 75.3% in September

by · The Cerbat Gem

Admiral Group plc (OTCMKTS:AMIGY – Get Free Report) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 1,900 shares, a drop of 75.3% from the September 15th total of 7,700 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is presently 1.4 days.

Admiral Group Price Performance

Admiral Group stock remained flat at $35.85 during mid-day trading on Thursday. 170 shares of the company’s stock were exchanged, compared to its average volume of 9,100. The stock’s 50 day simple moving average is $37.10 and its 200 day simple moving average is $35.06. Admiral Group has a 12-month low of $28.92 and a 12-month high of $39.27.

Admiral Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, October 21st. Stockholders of record on Friday, September 6th will be given 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%.

About Admiral Group

(Get Free Report)

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.

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