Insurance Australia Group Limited (OTCMKTS:IAUGY – Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 195 shares. Based on an average daily volume of 982 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.
Insurance Australia Group Price Performance
Insurance Australia Group stock traded up $2.25 during trading hours on Friday, hitting $30.84. The stock had a trading volume of 35 shares, compared to its average volume of 174. The business’s 50 day simple moving average is $28.98 and its 200-day simple moving average is $27.28. Insurance Australia Group has a one year low of $21.58 and a one year high of $30.95.
About Insurance Australia Group
Insurance Australia Group Limited (OTCMKTS:IAUGY) is a general insurance company headquartered in Australia. The group provides insurance products for individuals, businesses and organizations, with offerings that include motor vehicle, home and contents, travel, workers’ compensation, liability, property and commercial insurance.
IAG operates through a portfolio of established brands, including NRMA Insurance, CGU, WFI, NZI and AMI. Its products are distributed through direct channels, brokers, financial institutions and other business partners, serving both personal and commercial customers.
The company primarily serves customers in Australia and New Zealand.
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