Arch Capital Group Ltd. (NASDAQ:ACGLO) Sees Significant Growth in Short Interest

Arch Capital Group Ltd. (NASDAQ:ACGLO) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 96,700 shares, an increase of 28.2% from the August 15th total of 75,400 shares. Based on an average trading volume of 21,200 shares, the short-interest ratio is presently 4.6 days. Based on an average trading volume of 21,200 shares, the short-interest ratio is presently 4.6 days.

Arch Capital Group Stock Performance

Shares of ACGLO opened at $21.78 on Wednesday. Arch Capital Group has a twelve month low of $19.99 and a twelve month high of $23.92. The company has a 50 day moving average of $21.11 and a two-hundred day moving average of $20.81.

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.