Admiral Group plc (OTCMKTS:AMIGY) Short Interest Up 11.6% in September

Admiral Group plc (OTCMKTS:AMIGY) saw a significant 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 days-to-cover ratio is presently 2.1 days.

Admiral Group Price Performance

AMIGY stock opened at $37.38 on Tuesday. Admiral Group has a one year low of $27.89 and a one year high of $39.27. The firm has a 50-day simple moving average of $36.74 and a two-hundred day simple moving average of $35.00.

Admiral Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, October 21st. Shareholders of record on Friday, September 6th will be issued a $0.2564 dividend. The ex-dividend date is Friday, September 6th. Admiral Group’s dividend payout ratio is currently 64.83%.

About Admiral Group

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.