Arch Capital Group Ltd. (NASDAQ:ACGLN) Short Interest Down 91.6% in December

Arch Capital Group Ltd. (NASDAQ:ACGLN) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 4,300 shares, a decline of 91.6% from the November 30th total of 51,100 shares. Based on an average daily trading volume, of 41,300 shares, the short-interest ratio is presently 0.1 days.

Arch Capital Group Stock Down 1.2 %

Shares of NASDAQ:ACGLN traded down $0.22 during trading hours on Friday, hitting $17.72. 166,466 shares of the company’s stock traded hands, compared to its average volume of 32,017. The business has a fifty day moving average price of $19.70 and a 200-day moving average price of $19.85. Arch Capital Group has a 1 year low of $17.56 and a 1 year high of $21.21.

Arch Capital Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Sunday, December 15th will be given a dividend of $0.2844 per share. This represents a $1.14 dividend on an annualized basis and a yield of 6.42%. The ex-dividend date of this dividend is Friday, December 13th.

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.