Selective Insurance Group, Inc. (NASDAQ:SIGIP) Short Interest Down 24.9% in December

Selective Insurance Group, Inc. (NASDAQ:SIGIPGet Free Report) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 1,216 shares, a drop of 24.9% from the November 30th total of 1,619 shares. Based on an average daily volume of 6,464 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 6,464 shares, the days-to-cover ratio is presently 0.2 days.

Selective Insurance Group Stock Up 0.3%

Shares of NASDAQ SIGIP traded up $0.06 during mid-day trading on Tuesday, hitting $16.74. 5,745 shares of the company’s stock traded hands, compared to its average volume of 6,022. Selective Insurance Group has a 1 year low of $16.61 and a 1 year high of $18.74. The company’s 50-day moving average is $17.17 and its two-hundred day moving average is $17.44.

Selective Insurance Group (NASDAQ:SIGIPGet Free Report) last issued its quarterly earnings data on Thursday, February 3rd. The company reported $1.84 earnings per share for the quarter. The company had revenue of $798.43 million for the quarter.

Selective Insurance Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a dividend of $0.2875 per share. The ex-dividend date was Monday, December 1st. This represents a $1.15 dividend on an annualized basis and a yield of 6.9%.

About Selective Insurance Group

(Get Free Report)

Selective Insurance Group, Inc is a property and casualty insurance holding company that underwrites a range of specialty and standard insurance products through a nationwide network of independent agents. The company’s core business focuses on commercial lines for small to mid-sized businesses, offering coverage for general liability, commercial auto, property, professional liability, and environmental liability exposures. In addition, Selective provides personal lines insurance, including homeowners and auto policies, through select agency partners in targeted markets.

Selective’s product portfolio is organized into three main segments: commercial property and casualty, personal lines, and reinsurance solutions.

Recommended Stories

Receive News & Ratings for Selective Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Selective Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.