Selective Insurance Group, Inc. (NASDAQ:SIGIP) Short Interest Update

Selective Insurance Group, Inc. (NASDAQ:SIGIP) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 14,100 shares, a decline of 26.9% from the December 31st total of 19,300 shares. Based on an average daily volume of 9,800 shares, the days-to-cover ratio is currently 1.4 days.

Selective Insurance Group Stock Down 1.0 %

NASDAQ SIGIP opened at $17.82 on Friday. The firm’s 50-day moving average is $18.19 and its two-hundred day moving average is $18.84. Selective Insurance Group has a 12 month low of $17.10 and a 12 month high of $20.30.

Selective Insurance Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be issued a $0.2875 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.15 annualized dividend and a dividend yield of 6.45%.

Selective Insurance Group Company Profile

Selective Insurance Group, Inc, together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products.