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

Arch Capital Group Ltd. (NASDAQ:ACGLN) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 30,600 shares, an increase of 12.9% from the October 15th total of 27,100 shares. Based on an average daily volume of 36,300 shares, the days-to-cover ratio is presently 0.8 days.

Arch Capital Group Trading Down 0.3 %

ACGLN stock opened at $20.04 on Monday. The firm has a 50-day moving average of $20.49 and a two-hundred day moving average of $19.94. Arch Capital Group has a 12 month low of $18.85 and a 12 month high of $21.21.

Arch Capital Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Sunday, December 15th will be given a dividend of $0.2844 per share. The ex-dividend date is Friday, December 13th. This represents a $1.14 annualized dividend and a dividend yield of 5.68%.

Arch Capital Group Company Profile

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.