Short Interest in Enstar Group Limited (NASDAQ:ESGRO) Drops By 15.3%

Enstar Group Limited (NASDAQ:ESGROGet Rating) saw a significant decrease in short interest in April. As of April 30th, there was short interest totalling 7,200 shares, a decrease of 15.3% from the April 15th total of 8,500 shares. Based on an average trading volume of 5,800 shares, the short-interest ratio is presently 1.2 days.

Shares of ESGRO stock opened at $25.06 on Wednesday. Enstar Group has a 12-month low of $24.77 and a 12-month high of $28.10.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 1st. Stockholders of record on Sunday, May 15th will be given a dividend of $0.4375 per share. This represents a $1.75 annualized dividend and a dividend yield of 6.98%. The ex-dividend date is Thursday, May 12th.

Enstar Group Company Profile (Get Rating)

Enstar Group Limited acquires and manages insurance and reinsurance companies, and portfolios of insurance and reinsurance business in run-off. It engages in the run-off property and casualty, and other non-life lines insurance businesses. 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.

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