Short Interest in Arch Capital Group Ltd. (NASDAQ:ACGLO) Increases By 1,030.0%

Arch Capital Group Ltd. (NASDAQ:ACGLO) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 22,600 shares, an increase of 1,030.0% from the November 30th total of 2,000 shares. Based on an average daily volume of 25,900 shares, the short-interest ratio is presently 0.9 days.

Arch Capital Group Stock Down 0.6 %

Shares of NASDAQ:ACGLO traded down $0.13 on Thursday, reaching $21.29. 31,166 shares of the company traded hands, compared to its average volume of 18,625. Arch Capital Group has a 52 week low of $21.16 and a 52 week high of $24.50. The business’s 50-day simple moving average is $22.83 and its 200 day simple moving average is $22.96.

Arch Capital Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Sunday, December 15th will be given a $0.3406 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.36 annualized dividend and a yield of 6.40%.

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.