Enstar Group Limited (NASDAQ:ESGRO) Short Interest Update

Enstar Group Limited (NASDAQ:ESGRO) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 3,300 shares, a decline of 10.8% from the October 15th total of 3,700 shares. Based on an average daily volume of 22,500 shares, the days-to-cover ratio is presently 0.1 days.

Enstar Group Price Performance

NASDAQ ESGRO traded down $0.25 during mid-day trading on Monday, reaching $19.98. The stock had a trading volume of 16,887 shares, compared to its average volume of 17,292. Enstar Group has a 1 year low of $18.59 and a 1 year high of $25.47. The company has a fifty day moving average price of $20.58 and a 200 day moving average price of $22.36.

Enstar Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, December 1st. Investors of record on Friday, November 15th will be issued a $0.4375 dividend. This represents a $1.75 annualized dividend and a dividend yield of 8.76%. The ex-dividend date is Friday, November 15th.

Enstar Group Company Profile

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.