Arch Capital Group Ltd. (NASDAQ:ACGLN) Short Interest Update

Arch Capital Group Ltd. (NASDAQ:ACGLN) saw a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 31,800 shares, a decline of 49.8% from the February 13th total of 63,400 shares. Based on an average daily volume of 45,500 shares, the short-interest ratio is presently 0.7 days.

Arch Capital Group Stock Performance

ACGLN stock opened at $17.89 on Friday. Arch Capital Group has a 12-month low of $17.35 and a 12-month high of $20.99. The company’s fifty day simple moving average is $18.52 and its 200 day simple moving average is $19.43.

Arch Capital Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Saturday, March 15th will be issued a $0.2844 dividend. This is a positive change from Arch Capital Group’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.14 annualized dividend and a yield of 6.36%.

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.