Short Interest in Enstar Group Limited (NASDAQ:ESGRP) Grows By 76.4%

Enstar Group Limited (NASDAQ:ESGRP) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 19,400 shares, an increase of 76.4% from the March 15th total of 11,000 shares. Based on an average trading volume of 35,100 shares, the short-interest ratio is currently 0.6 days.

Enstar Group Stock Up 0.5 %

Shares of Enstar Group stock opened at $20.09 on Thursday. Enstar Group has a 1 year low of $18.52 and a 1 year high of $25.80. The firm’s 50 day moving average is $20.78 and its 200 day moving average is $20.55.

Enstar Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Saturday, February 15th were given a $0.4375 dividend. This represents a $1.75 annualized dividend and a yield of 8.71%. The ex-dividend date of this dividend 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.