Short Interest in Selective Insurance Group, Inc. (NASDAQ:SIGIP) Drops By 19.8%

Selective Insurance Group, Inc. (NASDAQ:SIGIP) was the target of a significant decline in short interest in November. As of November 15th, there was short interest totalling 17,000 shares, a decline of 19.8% from the October 31st total of 21,200 shares. Based on an average trading volume of 6,900 shares, the short-interest ratio is currently 2.5 days.

Selective Insurance Group Price Performance

NASDAQ SIGIP opened at $19.21 on Friday. Selective Insurance Group has a 12 month low of $16.50 and a 12 month high of $20.30. The stock’s 50 day moving average is $19.59 and its 200 day moving average is $18.94.

Selective Insurance Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be issued a $0.2875 dividend. This represents a $1.15 annualized dividend and a dividend yield of 5.99%. The ex-dividend date is Monday, December 2nd.

Selective Insurance Group Company Profile

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.