Arch Capital Group Ltd. (NASDAQ:ACGLN – Get Free Report) saw a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 51,100 shares, a decrease of 43.3% from the November 15th total of 90,100 shares. Based on an average daily volume of 39,600 shares, the short-interest ratio is presently 1.3 days.
Arch Capital Group Stock Performance
Arch Capital Group stock opened at $19.30 on Friday. The stock’s fifty day moving average is $20.18 and its two-hundred day moving average is $19.95. Arch Capital Group has a 1-year low of $19.05 and a 1-year high of $21.21.
Arch Capital Group Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Sunday, December 15th will be paid a dividend of $0.2844 per share. This represents a $1.14 annualized dividend and a yield of 5.89%. The ex-dividend date is Friday, December 13th.
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.
Further Reading
- Five stocks we like better than Arch Capital Group
- Insider Trades May Not Tell You What You Think
- WallStreetBets: How a Reddit Forum Shook Up Stock Market Dynamics
- Pros And Cons Of Monthly Dividend Stocks
- Are 2024’s Top Insider Buys a Good Bet for 2025?
- What is MarketRank™? How to Use it
- 4 Social Media Stocks to Soar as TikTok’s Future Hangs in Balance
Receive News & Ratings for Arch Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arch Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.