Short Interest in Enstar Group Limited (NASDAQ:ESGRO) Decreases By 6.1%

Enstar Group Limited (NASDAQ:ESGRO) was the recipient of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 3,100 shares, a decrease of 6.1% from the October 31st total of 3,300 shares. Based on an average trading volume of 21,800 shares, the short-interest ratio is presently 0.1 days.

Enstar Group Price Performance

Shares of NASDAQ ESGRO opened at $20.52 on Wednesday. The stock has a fifty day simple moving average of $20.56 and a two-hundred day simple moving average of $22.01. Enstar Group has a 1-year low of $18.59 and a 1-year high of $25.47.

Enstar Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Sunday, December 1st. Investors of record on Friday, November 15th were issued a $0.4375 dividend. This represents a $1.75 annualized dividend and a yield of 8.53%. The ex-dividend date of this dividend was Friday, November 15th.

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.