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

Selective Insurance Group, Inc. (NASDAQ:SIGIP) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 10,000 shares, a decrease of 17.4% from the August 31st total of 12,100 shares. Based on an average trading volume of 6,000 shares, the short-interest ratio is presently 1.7 days.

Selective Insurance Group Stock Performance

Shares of SIGIP opened at $19.89 on Monday. The company has a 50 day moving average of $18.90 and a two-hundred day moving average of $18.65. Selective Insurance Group has a twelve month low of $15.17 and a twelve month high of $20.13.

Selective Insurance Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Friday, August 30th were given a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a yield of 5.78%. The ex-dividend date of this dividend was Friday, August 30th.

About Selective Insurance Group

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.