Arch Capital Group Ltd. (NASDAQ:ACGLN) Short Interest Update

Arch Capital Group Ltd. (NASDAQ:ACGLNGet Free Report) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 32,400 shares, an increase of 653.5% from the December 31st total of 4,300 shares. Based on an average trading volume of 46,500 shares, the short-interest ratio is currently 0.7 days.

Arch Capital Group Stock Down 1.1 %

ACGLN stock traded down $0.22 during mid-day trading on Tuesday, reaching $18.95. The company had a trading volume of 14,054 shares, compared to its average volume of 54,125. The stock has a 50 day simple moving average of $18.74 and a two-hundred day simple moving average of $19.69. Arch Capital Group has a 52 week low of $17.35 and a 52 week high of $21.21.

Arch Capital Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Sunday, December 15th were issued a dividend of $0.2844 per share. The ex-dividend date was Friday, December 13th. This represents a $1.14 annualized dividend and a dividend yield of 6.00%.

About Arch Capital Group

(Get Free Report)

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.

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