Arch Capital Group Ltd. (NASDAQ:ACGLN) Short Interest Up 25.2% in February

Arch Capital Group Ltd. (NASDAQ:ACGLN) saw a large growth in short interest in February. As of February 27th, there was short interest totaling 67,223 shares, a growth of 25.2% from the February 12th total of 53,689 shares. Based on an average daily volume of 37,642 shares, the short-interest ratio is presently 1.8 days. Based on an average daily volume of 37,642 shares, the short-interest ratio is presently 1.8 days.

Arch Capital Group Stock Performance

ACGLN stock opened at $16.94 on Friday. The company’s 50 day moving average price is $17.50 and its 200 day moving average price is $17.53. Arch Capital Group has a fifty-two week low of $16.44 and a fifty-two week high of $18.34.

Arch Capital Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Sunday, March 15th will be issued a dividend of $0.2844 per share. This represents a $1.14 annualized dividend and a yield of 6.7%. The ex-dividend date is Friday, March 13th.

Arch Capital Group Company Profile

Arch Capital Group Ltd is a Bermuda-based financial services company that provides insurance, reinsurance and mortgage insurance products through its subsidiaries. The company underwrites a broad array of property and casualty insurance, specialty insurance, and reinsurance business, designing customized solutions for clients across commercial, personal and specialty markets. Arch’s offerings include commercial casualty and property, directors and officers liability, professional liability, surety, and mortgage insurance products.

In its reinsurance segment, Arch writes treaty and facultative business lines, encompassing property catastrophe, casualty and specialty risks.