Enstar Group Limited (NASDAQ:ESGRO) Short Interest Up 306.5% in November

Enstar Group Limited (NASDAQ:ESGRO) was the target of a large increase in short interest in November. As of November 30th, there was short interest totalling 12,600 shares, an increase of 306.5% from the November 15th total of 3,100 shares. Based on an average trading volume of 18,900 shares, the days-to-cover ratio is presently 0.7 days.

Enstar Group Stock Down 0.3 %

ESGRO stock traded down $0.06 during midday trading on Friday, reaching $20.12. 6,619 shares of the company were exchanged, compared to its average volume of 17,490. Enstar Group has a 1-year low of $18.59 and a 1-year high of $25.47. The stock’s 50-day simple moving average is $20.50 and its 200 day simple moving average is $21.82.

Enstar Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Sunday, December 1st. Investors of record on Friday, November 15th were given a $0.4375 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.75 dividend on an annualized basis and a yield of 8.70%.

Enstar Group Company Profile

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.