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

Arch Capital Group Ltd. (NASDAQ:ACGLO) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totaling 11,048 shares, a drop of 72.6% from the December 15th total of 40,366 shares. Based on an average daily trading volume, of 40,041 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 40,041 shares, the short-interest ratio is presently 0.3 days.

Arch Capital Group Stock Performance

Arch Capital Group stock opened at $20.78 on Wednesday. Arch Capital Group has a 1 year low of $19.99 and a 1 year high of $22.25. The firm’s 50 day moving average price is $20.79 and its two-hundred day moving average price is $21.13.

Arch Capital Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were issued a $0.3406 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date was Monday, December 15th. This is a positive change from Arch Capital Group’s previous quarterly dividend of $0.34.

Arch Capital Group Company Profile

Arch Capital Group Ltd, through its operating subsidiaries, is a global provider of insurance, reinsurance, and mortgage insurance products. The company offers property and casualty insurance for commercial and personal lines, including solutions for professional liability, marine, and energy risks. In addition, Arch Capital is active in the mortgage insurance sector, providing primary mortgage guaranty and portfolio reinsurance for residential and commercial mortgages. It also participates in specialty programs, such as political violence, aviation, and cyber coverage.

Founded in 2001 and headquartered in Pembroke, Bermuda, Arch Capital Group has established a presence across North America, Europe, and the Asia-Pacific region.