Short Interest in Bank of Queensland Limited (OTCMKTS:BKQNY) Rises By 11.1%

Bank of Queensland Limited (OTCMKTS:BKQNY) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 1,000 shares, an increase of 11.1% from the November 30th total of 900 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 5.0 days.

Bank of Queensland Stock Performance

Shares of BKQNY remained flat at $8.17 during mid-day trading on Tuesday. The stock had a trading volume of 6 shares, compared to its average volume of 1,171. The firm’s 50-day moving average price is $8.72 and its 200 day moving average price is $8.32. Bank of Queensland has a fifty-two week low of $7.45 and a fifty-two week high of $9.44.

Bank of Queensland Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, December 4th. Investors of record on Monday, October 28th were issued a dividend of $0.1816 per share. The ex-dividend date was Monday, October 28th. Bank of Queensland’s dividend payout ratio is 75.18%.

About Bank of Queensland

Bank of Queensland Limited, together with its subsidiaries, provides various financial services in Australia and New Zealand. The company operates in Retail Banking, BOQ Business, and Other segments. It offers personal banking services comprises savings and term deposits, and transactional accounts; debit and credit cards; home, personal, and car loans; and travel, home and content, landlord, and car insurance, as well as investment services comprising online share trading services, and self-managed superannuation funds.