National Australia Bank Limited (OTCMKTS:NABZY - Get Free Report) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 616,700 shares, an increase of 667.0% from the April 30th total of 80,400 shares. Based on an average daily trading volume, of 389,600 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.0% of the company's shares are short sold.
National Australia Bank Price Performance
Shares of OTCMKTS:NABZY traded up $0.10 during trading on Monday, hitting $12.43. 249,331 shares of the company's stock were exchanged, compared to its average volume of 365,298. National Australia Bank has a 1-year low of $9.32 and a 1-year high of $14.06. The firm has a 50-day moving average price of $11.32 and a two-hundred day moving average price of $11.68. 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 disclosed a dividend, which will be paid on Wednesday, July 9th. Investors of record on Tuesday, May 20th will be issued a dividend of $0.255 per share. This represents a yield of 4.05%. The ex-dividend date of this dividend is Monday, May 19th.
National Australia Bank Company Profile
(
Get Free Report)
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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