Enstar Group Limited (NASDAQ:ESGRO) Sees Significant Decline in Short Interest

Enstar Group Limited (NASDAQ:ESGRO) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 8,300 shares, a decline of 42.8% from the February 28th total of 14,500 shares. Based on an average trading volume of 15,700 shares, the days-to-cover ratio is presently 0.5 days.

Enstar Group Stock Down 1.3 %

Enstar Group stock opened at $20.37 on Friday. The stock has a 50-day moving average price of $20.43 and a 200 day moving average price of $20.41. Enstar Group has a 52 week low of $18.59 and a 52 week high of $25.23.

Enstar Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Saturday, February 15th were paid a dividend of $0.4375 per share. This represents a $1.75 annualized dividend and a yield of 8.59%. The ex-dividend date was Friday, February 14th.

Enstar Group Company Profile

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.