Arch Capital Group Ltd. (NASDAQ:ACGLN – Get Free Report) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 21,900 shares, a decline of 32.4% from the December 31st total of 32,400 shares. Based on an average trading volume of 51,100 shares, the short-interest ratio is presently 0.4 days.
Arch Capital Group Stock Performance
Shares of ACGLN opened at $18.76 on Friday. The company has a 50-day moving average of $18.67 and a two-hundred day moving average of $19.67. Arch Capital Group has a 12-month low of $17.35 and a 12-month high of $21.21.
Arch Capital Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Sunday, December 15th were given a $0.2844 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 6.06%. The ex-dividend date was Friday, December 13th.
About Arch Capital Group
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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