Arch Capital Group Ltd. (NASDAQ:ACGLO) Short Interest Update

Arch Capital Group Ltd. (NASDAQ:ACGLO) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 2,000 shares, a decrease of 63.0% from the November 15th total of 5,400 shares. Based on an average daily trading volume, of 22,100 shares, the days-to-cover ratio is presently 0.1 days.

Arch Capital Group Trading Up 0.3 %

ACGLO traded up $0.07 during midday trading on Wednesday, hitting $22.56. The company had a trading volume of 16,393 shares, compared to its average volume of 17,388. The stock’s 50 day moving average price is $23.18 and its 200 day moving average price is $23.02. Arch Capital Group has a 52 week low of $21.99 and a 52 week high of $24.50.

Arch Capital Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Sunday, December 15th will be given a $0.3406 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.36 annualized dividend and a yield of 6.04%.

Hedge Funds Weigh In On Arch Capital Group

An institutional investor recently bought a new position in Arch Capital Group stock. Cove Street Capital LLC bought a new position in shares of Arch Capital Group Ltd. (NASDAQ:ACGLO) during the second quarter, according to its most recent filing with the SEC. The fund bought 7,500 shares of the company’s stock, valued at approximately $169,000.

Arch Capital Group Company Profile

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.