Short Interest in Arch Capital Group Ltd. (NASDAQ:ACGLN) Increases By 653.5%

Arch Capital Group Ltd. (NASDAQ:ACGLN) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 32,400 shares, an increase of 653.5% from the December 15th total of 4,300 shares. Based on an average daily trading volume, of 46,500 shares, the days-to-cover ratio is presently 0.7 days.

Arch Capital Group Price Performance

Shares of NASDAQ ACGLN opened at $17.60 on Tuesday. The company’s fifty day simple moving average is $19.13 and its 200 day simple moving average is $19.75. Arch Capital Group has a 12-month low of $17.35 and a 12-month high of $21.21.

Arch Capital Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Sunday, December 15th were paid a $0.2844 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.14 annualized dividend and a dividend yield of 6.46%.

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.