Arch Capital Group Ltd. (NASDAQ:ACGLO) Short Interest Up 28.2% in August

Arch Capital Group Ltd. (NASDAQ:ACGLO) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 96,700 shares, an increase of 28.2% from the August 15th total of 75,400 shares. Based on an average daily trading volume, of 21,200 shares, the days-to-cover ratio is currently 4.6 days. Based on an average daily trading volume, of 21,200 shares, the days-to-cover ratio is currently 4.6 days.

Arch Capital Group Stock Performance

Arch Capital Group stock opened at $21.84 on Thursday. The firm’s 50-day moving average is $21.13 and its 200-day moving average is $20.82. Arch Capital Group has a 1 year low of $19.99 and a 1 year high of $23.92.

About Arch Capital Group

Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.