Enstar Group Limited (NASDAQ:ESGRO) Short Interest Down 15.8% in February

Enstar Group Limited (NASDAQ:ESGRO) was the recipient of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 14,900 shares, a decrease of 15.8% from the January 31st total of 17,700 shares. Based on an average daily volume of 19,600 shares, the short-interest ratio is presently 0.8 days.

Enstar Group Stock Performance

Shares of NASDAQ ESGRO traded down $0.09 during midday trading on Wednesday, reaching $20.22. 4,144 shares of the company were exchanged, compared to its average volume of 19,560. Enstar Group has a 1 year low of $18.59 and a 1 year high of $25.28. The stock has a fifty day simple moving average of $20.32 and a 200 day simple moving average of $20.41.

Enstar Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Saturday, February 15th were given a $0.4375 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.75 dividend on an annualized basis and a yield of 8.66%.

About Enstar Group

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.