Arch Capital Group Ltd. (NASDAQ:ACGLO – Get Free Report) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 4,800 shares, a decrease of 33.3% from the September 15th total of 7,200 shares. Based on an average daily trading volume, of 16,600 shares, the short-interest ratio is presently 0.3 days.
Institutional Trading of Arch Capital Group
An institutional investor recently bought a new position in Arch Capital Group stock. Cove Street Capital LLC bought a new stake in shares of Arch Capital Group Ltd. (NASDAQ:ACGLO – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,500 shares of the company’s stock, valued at approximately $169,000.
Arch Capital Group Stock Performance
NASDAQ ACGLO opened at $23.45 on Friday. Arch Capital Group has a 52 week low of $19.20 and a 52 week high of $24.50. The company has a 50-day moving average price of $23.45 and a two-hundred day moving average price of $22.96.
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.
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