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

Arch Capital Group Ltd. (NASDAQ:ACGLOGet Free Report) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totalling 12,900 shares, a growth of 31.6% from the April 15th total of 9,800 shares. Based on an average daily trading volume, of 16,500 shares, the short-interest ratio is presently 0.8 days.

Arch Capital Group Stock Performance

Shares of NASDAQ:ACGLO opened at $22.66 on Tuesday. Arch Capital Group has a 52-week low of $19.20 and a 52-week high of $24.50. The business has a 50-day moving average price of $23.27 and a 200-day moving average price of $23.08.

Arch Capital Group Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Sunday, March 31st. Shareholders of record on Friday, March 15th were given a dividend of $0.3406 per share. This represents a $1.36 dividend on an annualized basis and a yield of 6.01%. The ex-dividend date of this dividend was Thursday, March 14th.

Arch Capital Group Company Profile

(Get Free Report)

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.

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