Enstar Group Limited (NASDAQ:ESGRP) Short Interest Update

Enstar Group Limited (NASDAQ:ESGRP) saw a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 7,700 shares, a decrease of 51.9% from the January 31st total of 16,000 shares. Based on an average daily trading volume, of 58,900 shares, the days-to-cover ratio is presently 0.1 days.

Enstar Group Stock Performance

Shares of Enstar Group stock traded up $0.27 on Friday, hitting $21.04. The stock had a trading volume of 454,312 shares, compared to its average volume of 41,646. The stock has a 50 day moving average of $20.50 and a 200 day moving average of $20.42. Enstar Group has a twelve month low of $19.01 and a twelve month high of $26.12.

Enstar Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Saturday, February 15th will be paid a $0.4375 dividend. This represents a $1.75 annualized dividend and a dividend yield of 8.32%. The ex-dividend date of this dividend is Friday, February 14th.

Enstar Group Company Profile

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.