Arch Capital Group Ltd. (NASDAQ:ACGLO) Short Interest Up 26.3% in September

Arch Capital Group Ltd. (NASDAQ:ACGLO) saw a significant growth in short interest in September. As of September 15th, there was short interest totalling 7,200 shares, a growth of 26.3% from the August 31st total of 5,700 shares. Based on an average daily trading volume, of 15,400 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Arch Capital Group

A hedge fund recently bought a new stake in Arch Capital Group stock. Cove Street Capital LLC bought a new position in shares of Arch Capital Group Ltd. (NASDAQ:ACGLO) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,500 shares of the company’s stock, valued at approximately $169,000.

Arch Capital Group Trading Down 0.7 %

Arch Capital Group stock opened at $23.62 on Friday. The stock has a 50-day moving average price of $23.30 and a 200 day moving average price of $22.97. Arch Capital Group has a 52 week low of $19.20 and a 52 week high of $24.50.

About Arch Capital Group

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.