Bank of Queensland Limited (OTCMKTS:BKQNY) Sees Significant Growth in Short Interest

Bank of Queensland Limited (OTCMKTS:BKQNY) saw a large increase in short interest in the month of 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 daily trading volume, of 200 shares, the short-interest ratio is currently 5.0 days.

Bank of Queensland Stock Performance

Shares of BKQNY stock opened at $8.17 on Wednesday. The company’s 50-day simple moving average is $8.69 and its two-hundred day simple moving average is $8.33. Bank of Queensland has a one year low of $7.45 and a one year high of $9.44.

Bank of Queensland Cuts Dividend

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

Bank of Queensland Company Profile

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.