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

Arch Capital Group Ltd. (NASDAQ:ACGLOGet Free Report) was the recipient of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 18,200 shares, a decrease of 29.5% from the January 31st total of 25,800 shares. Based on an average trading volume of 31,400 shares, the short-interest ratio is currently 0.6 days.

Arch Capital Group Trading Down 0.5 %

Shares of ACGLO opened at $21.71 on Tuesday. Arch Capital Group has a 52-week low of $20.78 and a 52-week high of $24.50. The company has a 50-day simple moving average of $21.65 and a 200-day simple moving average of $22.65.

Arch Capital Group Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Saturday, March 15th will be issued a $0.3406 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.36 dividend on an annualized basis and a yield of 6.28%.

Arch Capital Group Company Profile

(Get Free Report)

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.

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