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

Arch Capital Group Ltd. (NASDAQ:ACGLN) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 6,300 shares, a drop of 80.2% from the February 28th total of 31,800 shares. Based on an average daily volume of 46,900 shares, the short-interest ratio is presently 0.1 days.

Arch Capital Group Trading Down 0.8 %

ACGLN stock opened at $17.47 on Thursday. Arch Capital Group has a 12-month low of $17.35 and a 12-month high of $20.99. The business’s 50-day moving average is $18.49 and its 200 day moving average is $19.28.

Arch Capital Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Saturday, March 15th will be issued a $0.2844 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.14 dividend on an annualized basis and a yield of 6.51%. This is a positive change from Arch Capital Group’s previous quarterly dividend of $0.28.

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.