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

Arch Capital Group Ltd. (NASDAQ:ACGLO) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 7,900 shares, a growth of 243.5% from the June 15th total of 2,300 shares. Based on an average trading volume of 15,700 shares, the days-to-cover ratio is presently 0.5 days.

Arch Capital Group Price Performance

Shares of NASDAQ ACGLO opened at $23.03 on Friday. The business has a 50 day simple moving average of $22.50 and a 200 day simple moving average of $23.13. Arch Capital Group has a 52 week low of $19.20 and a 52 week high of $24.50.

Arch Capital Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Sunday, June 30th. Stockholders of record on Saturday, June 15th were issued a dividend of $0.3406 per share. This is a positive change from Arch Capital Group’s previous quarterly dividend of $0.34. The ex-dividend date was Friday, June 14th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 5.92%.

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.