Arch Capital Group Ltd. (NASDAQ:ACGLN) Sees Large Growth in Short Interest

Arch Capital Group Ltd. (NASDAQ:ACGLN) was the target of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 61,600 shares, an increase of 181.3% from the January 15th total of 21,900 shares. Based on an average daily trading volume, of 49,500 shares, the days-to-cover ratio is currently 1.2 days.

Arch Capital Group Stock Down 0.6 %

NASDAQ ACGLN opened at $18.80 on Thursday. Arch Capital Group has a twelve month low of $17.35 and a twelve month high of $21.21. The stock has a 50-day moving average of $18.50 and a 200 day moving average of $19.61.

About Arch Capital Group

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.