Enstar Group Limited (NASDAQ:ESGRO) Short Interest Down 10.8% in October

Enstar Group Limited (NASDAQ:ESGRO) was the recipient of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 3,300 shares, a decrease of 10.8% from the October 15th total of 3,700 shares. Based on an average daily trading volume, of 22,500 shares, the short-interest ratio is presently 0.1 days.

Enstar Group Stock Up 0.5 %

Shares of NASDAQ ESGRO traded up $0.10 during trading on Tuesday, reaching $19.99. 9,329 shares of the stock traded hands, compared to its average volume of 17,257. Enstar Group has a 52-week low of $18.59 and a 52-week high of $25.47. The company has a 50-day moving average of $20.58 and a 200-day moving average of $22.33.

Enstar Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Sunday, December 1st. Stockholders of record on Friday, November 15th will be given a dividend of $0.4375 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 8.75%.

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.