Short Interest in Enstar Group Limited (NASDAQ:ESGRP) Expands By 76.4%

Enstar Group Limited (NASDAQ:ESGRP) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 19,400 shares, an increase of 76.4% from the March 15th total of 11,000 shares. Based on an average daily volume of 35,100 shares, the short-interest ratio is presently 0.6 days.

Enstar Group Stock Performance

NASDAQ:ESGRP opened at $20.09 on Thursday. Enstar Group has a 12-month low of $18.52 and a 12-month high of $25.80. The stock’s 50 day moving average price is $20.78 and its two-hundred day moving average price is $20.55.

Enstar Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Saturday, February 15th were issued a dividend of $0.4375 per share. This represents a $1.75 annualized dividend and a dividend yield of 8.71%. The ex-dividend date of this dividend was Friday, February 14th.

Enstar Group Company Profile

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.