Selective Insurance Group, Inc. (NASDAQ:SIGIP) Short Interest Update

Selective Insurance Group, Inc. (NASDAQ:SIGIP) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 10,000 shares, a drop of 17.4% from the August 31st total of 12,100 shares. Based on an average daily volume of 6,000 shares, the days-to-cover ratio is presently 1.7 days.

Selective Insurance Group Stock Performance

Shares of NASDAQ SIGIP opened at $19.89 on Monday. The company has a 50 day simple moving average of $18.90 and a two-hundred day simple moving average of $18.65. Selective Insurance Group has a 12 month low of $15.17 and a 12 month high of $20.13.

Selective Insurance Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, August 30th were issued a $0.2875 dividend. This represents a $1.15 annualized dividend and a yield of 5.78%. The ex-dividend date was Friday, August 30th.

About Selective Insurance Group

Selective Insurance Group, Inc, together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products.