National Australia Bank Limited (OTCMKTS:NABZY - Get Free Report) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totalling 616,700 shares, a growth of 667.0% from the April 30th total of 80,400 shares. Based on an average trading volume of 389,600 shares, the short-interest ratio is presently 1.6 days. Approximately 0.0% of the company's stock are sold short.
National Australia Bank Stock Performance
Shares of OTCMKTS:NABZY traded up $0.18 during trading on Friday, hitting $12.29. The stock had a trading volume of 157,585 shares, compared to its average volume of 365,536. National Australia Bank has a 12 month low of $9.32 and a 12 month high of $14.06. The firm's fifty day moving average is $11.32 and its 200 day moving average is $11.69. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 2.67.
National Australia Bank Cuts Dividend
The company also recently announced a dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Tuesday, May 20th will be given a $0.255 dividend. This represents a dividend yield of 4.05%. The ex-dividend date of this dividend is Monday, May 19th.
About National Australia Bank
(
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National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, and internationally. The company operates through Business and Private Banking; Personal Banking; Corporate and Institutional Banking; New Zealand Banking; and Corporate Functions and Other segments.
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