Short Interest in Enstar Group Limited (NASDAQ:ESGRO) Decreases By 6.1%

Enstar Group Limited (NASDAQ:ESGRO) was the target of a significant decline in short interest in November. As of November 15th, there was short interest totalling 3,100 shares, a decline of 6.1% from the October 31st total of 3,300 shares. Based on an average daily trading volume, of 21,800 shares, the days-to-cover ratio is presently 0.1 days.

Enstar Group Stock Performance

NASDAQ ESGRO traded up $0.10 on Tuesday, reaching $20.52. The stock had a trading volume of 23,100 shares, compared to its average volume of 17,433. Enstar Group has a 1 year low of $18.59 and a 1 year high of $25.47. The business has a 50 day moving average price of $20.56 and a 200 day moving average price of $22.04.

Enstar Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Sunday, December 1st. Stockholders of record on Friday, November 15th were paid a dividend of $0.4375 per share. The ex-dividend date was Friday, November 15th. This represents a $1.75 annualized dividend and a dividend yield of 8.53%.

About Enstar Group

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.