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

Arch Capital Group Ltd. (NASDAQ:ACGLO) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 21,400 shares, a growth of 42.7% from the February 28th total of 15,000 shares. Based on an average trading volume of 29,300 shares, the short-interest ratio is presently 0.7 days.

Arch Capital Group Stock Performance

ACGLO stock opened at $20.89 on Monday. Arch Capital Group has a 1-year low of $20.74 and a 1-year high of $23.92. The business has a fifty day moving average price of $21.59 and a 200-day moving average price of $22.36.

Arch Capital Group Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Saturday, March 15th will be paid a dividend of $0.3406 per share. This represents a $1.36 annualized dividend and a yield of 6.52%. The ex-dividend date is Friday, March 14th.

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.