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

Arch Capital Group Ltd. (NASDAQ:ACGLO) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 16,491 shares, an increase of 49.3% from the December 31st total of 11,048 shares. Based on an average trading volume of 26,855 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 26,855 shares, the short-interest ratio is currently 0.6 days.

Arch Capital Group Stock Up 0.1%

Shares of ACGLO stock opened at $21.18 on Friday. Arch Capital Group has a 52-week low of $19.99 and a 52-week high of $22.20. The company has a 50-day simple moving average of $20.80 and a two-hundred day simple moving average of $21.17.

Arch Capital Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were paid a $0.3406 dividend. This is a boost from Arch Capital Group’s previous quarterly dividend of $0.34. The ex-dividend date was Monday, December 15th. This represents a $1.36 dividend on an annualized basis and a yield of 6.4%.

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.