Enstar Group Limited (NASDAQ:ESGRP) Short Interest Update

Enstar Group Limited (NASDAQ:ESGRP) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totalling 20,100 shares, a decrease of 13.4% from the June 15th total of 23,200 shares. Based on an average daily trading volume, of 18,300 shares, the days-to-cover ratio is presently 1.1 days.

Enstar Group Price Performance

Enstar Group stock opened at $25.44 on Monday. The company’s 50-day moving average is $25.11 and its 200 day moving average is $25.30. Enstar Group has a 1-year low of $22.01 and a 1-year high of $26.12.

Enstar Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th were issued a $0.4375 dividend. The ex-dividend date was Tuesday, May 14th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 6.88%.

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.