Enstar Group Limited (NASDAQ:ESGRO) Short Interest Update

Enstar Group Limited (NASDAQ:ESGRO) saw a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 3,300 shares, a drop of 10.8% from the October 15th total of 3,700 shares. Based on an average daily volume of 22,500 shares, the short-interest ratio is presently 0.1 days.

Enstar Group Price Performance

Shares of Enstar Group stock traded down $0.16 during mid-day trading on Friday, hitting $20.23. 9,475 shares of the stock were exchanged, compared to its average volume of 17,294. Enstar Group has a twelve month low of $18.59 and a twelve month high of $25.47. The company has a 50-day simple moving average of $20.58 and a 200 day simple moving average of $22.36.

Enstar Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, December 1st. Stockholders of record on Friday, November 15th will be issued a dividend of $0.4375 per share. The ex-dividend date is Friday, November 15th. This represents a $1.75 annualized dividend and a dividend yield of 8.65%.

About Enstar Group

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.