National Australia Bank Limited (OTCMKTS:NABZY) Short Interest Down 80.8% in May

National Australia Bank Limited (OTCMKTS:NABZY - Get Free Report) saw a large drop in short interest in May. As of May 31st, there was short interest totalling 118,600 shares, a drop of 80.8% from the May 15th total of 616,700 shares. Approximately 0.0% of the company's stock are short sold. Based on an average trading volume of 1,874,000 shares, the days-to-cover ratio is currently 0.1 days.

National Australia Bank Stock Down 1.8%

Shares of OTCMKTS:NABZY traded down $0.23 during midday trading on Friday, hitting $12.61. The stock had a trading volume of 112,357 shares, compared to its average volume of 353,329. National Australia Bank has a 12 month low of $9.32 and a 12 month high of $14.06. The company has a debt-to-equity ratio of 2.67, a current ratio of 1.23 and a quick ratio of 1.23. The business's 50-day simple moving average is $11.77 and its 200-day simple moving average is $11.66.

National Australia Bank Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, July 9th. Investors of record on Tuesday, May 20th will be paid a $0.255 dividend. The ex-dividend date is Monday, May 19th. This represents a dividend yield of 4.05%.

About National Australia Bank

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.