Arch Capital Group Ltd. (NASDAQ:ACGLN) Short Interest Update

Arch Capital Group Ltd. (NASDAQ:ACGLNGet Free Report) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 8,251 shares, a drop of 22.4% from the December 15th total of 10,632 shares. Based on an average trading volume of 66,561 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 66,561 shares, the short-interest ratio is currently 0.1 days.

Arch Capital Group Trading Down 0.1%

NASDAQ:ACGLN opened at $17.52 on Monday. Arch Capital Group has a one year low of $16.44 and a one year high of $19.17. The company has a fifty day moving average price of $17.10 and a 200 day moving average price of $17.43.

Arch Capital Group Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were paid a $0.2844 dividend. This represents a $1.14 annualized dividend and a dividend yield of 6.5%. The ex-dividend date was Monday, December 15th.

Arch Capital Group Company Profile

(Get Free Report)

Arch Capital Group Ltd is a Bermuda-based financial services company that provides insurance, reinsurance and mortgage insurance products through its subsidiaries. The company underwrites a broad array of property and casualty insurance, specialty insurance, and reinsurance business, designing customized solutions for clients across commercial, personal and specialty markets. Arch’s offerings include commercial casualty and property, directors and officers liability, professional liability, surety, and mortgage insurance products.

In its reinsurance segment, Arch writes treaty and facultative business lines, encompassing property catastrophe, casualty and specialty risks.

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