Arch Capital Group Ltd. (NASDAQ:ACGLO – Get Rating) was the target of a significant growth in short interest in December. As of December 30th, there was short interest totalling 3,400 shares, a growth of 9.7% from the December 15th total of 3,100 shares. Based on an average daily trading volume, of 22,400 shares, the days-to-cover ratio is presently 0.2 days.
Arch Capital Group Trading Up 0.5 %
Shares of ACGLO stock opened at $23.19 on Friday. Arch Capital Group has a 1-year low of $19.90 and a 1-year high of $25.67. The company's fifty day simple moving average is $21.76.
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The business also recently declared a dividend, which was paid on Saturday, December 31st. Shareholders of record on Thursday, December 15th were given a $0.3406 dividend. The ex-dividend date was Wednesday, December 14th. This represents a dividend yield of 6.2%.
About Arch Capital Group
(Get Rating)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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