Selective Insurance Group, Inc. (NASDAQ:SIGIP) Short Interest Update

Selective Insurance Group, Inc. (NASDAQ:SIGIP) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 12,100 shares, an increase of 33.0% from the August 15th total of 9,100 shares. Based on an average daily trading volume, of 5,500 shares, the days-to-cover ratio is presently 2.2 days.

Selective Insurance Group Trading Up 0.2 %

NASDAQ SIGIP traded up $0.04 during trading hours on Monday, reaching $19.18. The company had a trading volume of 3,718 shares, compared to its average volume of 6,569. The stock has a 50-day moving average of $18.66 and a 200 day moving average of $18.58. Selective Insurance Group has a 1-year low of $15.17 and a 1-year high of $19.45.

Selective Insurance Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, August 30th will be given a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a yield of 6.00%. The ex-dividend date is Friday, August 30th.

About Selective Insurance Group

Selective Insurance Group, Inc, together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products.