Short Interest in Selective Insurance Group, Inc. (NASDAQ:SIGIP) Expands By 346.5%

Selective Insurance Group, Inc. (NASDAQ:SIGIP) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 50,900 shares, a growth of 346.5% from the February 28th total of 11,400 shares. Based on an average daily volume of 9,200 shares, the days-to-cover ratio is currently 5.5 days.

Selective Insurance Group Trading Up 0.1 %

Shares of Selective Insurance Group stock traded up $0.01 on Friday, hitting $18.57. 175 shares of the company’s stock were exchanged, compared to its average volume of 7,333. Selective Insurance Group has a 1 year low of $17.10 and a 1 year high of $20.30. The company has a 50-day simple moving average of $18.06 and a 200-day simple moving average of $18.67.

Selective Insurance Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were given a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a yield of 6.19%. The ex-dividend date of this dividend was Friday, February 28th.

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.