AIA Group Limited (OTCMKTS:AAGIY) Sees Large Drop in Short Interest

AIA Group Limited (OTCMKTS:AAGIY) saw a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 285,200 shares, a decline of 64.6% from the October 31st total of 804,600 shares. Based on an average daily volume of 1,012,000 shares, the short-interest ratio is presently 0.3 days.

AIA Group Price Performance

Shares of AAGIY traded up $0.05 during trading hours on Wednesday, reaching $29.14. 479,289 shares of the company traded hands, compared to its average volume of 463,700. The business has a fifty day moving average price of $32.13 and a 200-day moving average price of $29.77. AIA Group has a 12-month low of $23.33 and a 12-month high of $38.44.

AIA Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, October 7th. Shareholders of record on Tuesday, September 10th were paid a dividend of $0.2009 per share. The ex-dividend date of this dividend was Tuesday, September 10th.

About AIA Group

AIA Group Limited, together with its subsidiaries, provides life insurance based financial services. The company offers life insurance, accident, and health insurance and savings plans; and employee benefits, credit life, and pension services to corporate clients. It is also involved in the distribution of investment and other financial services products.