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

Arch Capital Group Ltd. (NASDAQ:ACGLN) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 32,400 shares, an increase of 653.5% from the December 31st total of 4,300 shares. Based on an average trading volume of 46,500 shares, the days-to-cover ratio is presently 0.7 days.

Arch Capital Group Price Performance

ACGLN traded down $0.22 during mid-day trading on Tuesday, reaching $18.95. 14,054 shares of the company traded hands, compared to its average volume of 54,125. Arch Capital Group has a 52-week low of $17.35 and a 52-week high of $21.21. The company’s fifty day moving average price is $18.74 and its 200-day moving average price is $19.69.

Arch Capital Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Sunday, December 15th were paid a $0.2844 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.14 annualized dividend and a dividend yield of 6.00%.

Arch Capital Group Company Profile

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.