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

Arch Capital Group Ltd. (NASDAQ:ACGLO) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 14,986 shares, a decline of 35.2% from the March 31st total of 23,140 shares. Based on an average trading volume of 29,196 shares, the short-interest ratio is currently 0.5 days.

Arch Capital Group Stock Performance

Shares of NASDAQ ACGLO opened at $20.50 on Tuesday. Arch Capital Group has a twelve month low of $19.41 and a twelve month high of $22.20. The company has a 50 day moving average of $20.38 and a 200 day moving average of $20.79.

Arch Capital Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Sunday, March 15th were issued a $0.3406 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date was Friday, March 13th.

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.