Arch Capital Group Ltd. (NASDAQ:ACGLO) Short Interest Up 40.1% in February

Arch Capital Group Ltd. (NASDAQ:ACGLO) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 31,851 shares, an increase of 40.1% from the February 12th total of 22,729 shares. Based on an average daily volume of 21,010 shares, the short-interest ratio is currently 1.5 days. Based on an average daily volume of 21,010 shares, the short-interest ratio is currently 1.5 days.

Arch Capital Group Trading Down 1.5%

Shares of ACGLO opened at $20.20 on Friday. The firm has a fifty day simple moving average of $20.90 and a two-hundred day simple moving average of $21.17. Arch Capital Group has a 1-year low of $19.99 and a 1-year high of $22.20.

Arch Capital Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Sunday, March 15th will be given a dividend of $0.3406 per share. This represents a $1.36 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is 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.