Enstar Group Limited (NASDAQ:ESGRP) Short Interest Update

Enstar Group Limited (NASDAQ:ESGRP) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 12,000 shares, a growth of 135.3% from the October 15th total of 5,100 shares. Based on an average daily volume of 109,500 shares, the days-to-cover ratio is currently 0.1 days.

Enstar Group Price Performance

Shares of ESGRP stock traded down $0.21 during trading hours on Thursday, reaching $20.88. The company had a trading volume of 42,672 shares, compared to its average volume of 60,253. The stock has a fifty day moving average of $20.28 and a 200-day moving average of $22.60. Enstar Group has a 12-month low of $19.01 and a 12-month high of $26.12.

Enstar Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, December 1st. Stockholders of record on Friday, November 15th will be issued a dividend of $0.4375 per share. The ex-dividend date is Friday, November 15th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 8.38%.

About Enstar Group

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.