Arch Capital Group Ltd. (NASDAQ:ACGLN) Sees Large Increase in Short Interest

Arch Capital Group Ltd. (NASDAQ:ACGLN) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 10,500 shares, an increase of 45.8% from the August 15th total of 7,200 shares. Based on an average trading volume of 24,700 shares, the days-to-cover ratio is presently 0.4 days.

Arch Capital Group Stock Performance

Shares of NASDAQ ACGLN opened at $20.25 on Friday. The stock’s 50 day moving average price is $19.85 and its two-hundred day moving average price is $19.87. Arch Capital Group has a 52-week low of $16.49 and a 52-week high of $21.21.

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.