Selective Insurance Group, Inc. (NASDAQ:SIGIP) Short Interest Down 19.8% in November

Selective Insurance Group, Inc. (NASDAQ:SIGIP) saw a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 17,000 shares, a decline of 19.8% from the October 31st total of 21,200 shares. Based on an average trading volume of 6,900 shares, the short-interest ratio is currently 2.5 days.

Selective Insurance Group Stock Up 0.1 %

Shares of NASDAQ SIGIP opened at $19.21 on Monday. Selective Insurance Group has a 1-year low of $16.50 and a 1-year high of $20.30. The company has a 50-day moving average of $19.59 and a two-hundred day moving average of $18.94.

Selective Insurance Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be paid a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 5.99%. The ex-dividend date of this dividend is Monday, December 2nd.

Selective Insurance Group Company Profile

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.