Macquarie Group Limited (OTCMKTS:MQBKY) Short Interest Update

Macquarie Group Limited (OTCMKTS:MQBKY) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 3,300 shares, an increase of 3,200.0% from the December 31st total of 100 shares. Based on an average trading volume of 28,600 shares, the short-interest ratio is currently 0.1 days.

Macquarie Group Price Performance

Shares of Macquarie Group stock opened at $148.16 on Wednesday. Macquarie Group has a fifty-two week low of $118.12 and a fifty-two week high of $165.98. The business’s fifty day moving average is $144.52 and its two-hundred day moving average is $146.54.

Macquarie Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, November 12th were issued a $1.7113 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. Macquarie Group’s payout ratio is currently 77.74%.

Wall Street Analyst Weigh In

Separately, Citigroup lowered Macquarie Group from a “hold” rating to a “strong sell” rating in a research note on Sunday, October 13th.

Macquarie Group Company Profile

Macquarie Group Limited provides diversified financial services in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Macquarie Asset Management (MAM), Banking and Financial Services (BFS), Commodities and Global Markets (CGM), and Macquarie Capital.