Arch Capital Group Ltd. (NASDAQ:ACGLN) Sees Significant Increase in Short Interest

Arch Capital Group Ltd. (NASDAQ:ACGLN) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 61,600 shares, a growth of 181.3% from the January 15th total of 21,900 shares. Based on an average daily trading volume, of 49,500 shares, the short-interest ratio is presently 1.2 days.

Arch Capital Group Stock Performance

Shares of ACGLN opened at $18.97 on Friday. The company has a 50-day moving average of $18.50 and a two-hundred day moving average of $19.61. Arch Capital Group has a 12-month low of $17.35 and a 12-month high of $21.21.

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.