National Australia Bank Ltd. (OTCMKTS:NABZY - Get Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 79,700 shares, agrowthof53.3% from the June 30th total of 52,000 shares. Based on an average daily volume of 251,200 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 251,200 shares, the short-interest ratio is currently 0.3 days.
National Australia Bank Stock Up 1.7%
Shares of National Australia Bank stock traded up $0.22 on Monday, hitting $12.85. The stock had a trading volume of 11,278 shares, compared to its average volume of 301,378. National Australia Bank has a one year low of $9.32 and a one year high of $14.06. The stock's 50-day simple moving average is $12.71 and its two-hundred day simple moving average is $11.88.
National Australia Bank Cuts Dividend
The company also recently announced a dividend, which was paid on Wednesday, July 9th. Stockholders of record on Tuesday, May 20th were issued a $0.255 dividend. The ex-dividend date was Monday, May 19th. This represents a dividend yield of 405.0%.
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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