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Arch Capital Group Ltd. (NASDAQ:ACGLO) Short Interest Down 70.5% in December

Financial News Live ·  Dec 31, 2022 03:52

Arch Capital Group Ltd. (NASDAQ:ACGLO – Get Rating) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 3,100 shares, a decrease of 70.5% from the November 30th total of 10,500 shares. Based on an average trading volume of 22,600 shares, the short-interest ratio is currently 0.1 days.

Arch Capital Group Stock Down 0.2 %

Shares of Arch Capital Group stock opened at $20.30 on Friday. Arch Capital Group has a 1-year low of $19.90 and a 1-year high of $25.83.

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Arch Capital Group Announces Dividend

The business also recently disclosed a dividend, which will be paid on Saturday, December 31st. Investors of record on Thursday, December 15th will be paid a $0.3406 dividend. This represents a yield of 6.2%. The ex-dividend date of this dividend is Wednesday, December 14th.

Arch Capital Group Company Profile

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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; collateral protection, debt cancellation, and service contract reimbursement products; 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.

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