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

Arch Capital Group Ltd. (NASDAQ:ACGLN) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 90,100 shares, a growth of 194.4% from the October 31st total of 30,600 shares. Based on an average daily volume of 38,200 shares, the days-to-cover ratio is currently 2.4 days.

Arch Capital Group Price Performance

Shares of NASDAQ:ACGLN opened at $19.63 on Thursday. The company’s 50-day moving average price is $20.43 and its two-hundred day moving average price is $19.96. Arch Capital Group has a one year low of $19.05 and a one year high of $21.21.

Arch Capital Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Sunday, December 15th will be given a dividend of $0.2844 per share. This represents a $1.14 dividend on an annualized basis and a yield of 5.79%. The ex-dividend date is Friday, December 13th.

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.