Enstar Group Limited (NASDAQ:ESGRP) Short Interest Update

Enstar Group Limited (NASDAQ:ESGRP) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 55,900 shares, a growth of 78.6% from the December 15th total of 31,300 shares. Based on an average daily trading volume, of 70,300 shares, the days-to-cover ratio is presently 0.8 days.

Enstar Group Trading Up 0.5 %

Shares of NASDAQ ESGRP opened at $20.11 on Wednesday. Enstar Group has a fifty-two week low of $19.01 and a fifty-two week high of $26.12. The business’s 50 day moving average price is $20.41 and its 200-day moving average price is $21.07.

Enstar Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Sunday, December 1st. Stockholders of record on Friday, November 15th were given a dividend of $0.4375 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.75 annualized dividend and a dividend 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.