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

Arch Capital Group Ltd. (NASDAQ:ACGLO) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 9,800 shares, a decline of 39.1% from the March 31st total of 16,100 shares. Based on an average daily trading volume, of 16,700 shares, the short-interest ratio is presently 0.6 days.

Arch Capital Group Stock Down 1.7 %

Shares of ACGLO opened at $22.43 on Friday. The stock’s fifty day simple moving average is $23.54 and its 200 day simple moving average is $22.81. Arch Capital Group has a twelve month low of $19.20 and a twelve month high of $24.50.

Arch Capital Group Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Sunday, March 31st. Stockholders of record on Friday, March 15th were issued a dividend of $0.3406 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 6.07%. The ex-dividend date was Thursday, March 14th.

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.