Arch Capital Group Ltd. (NASDAQ:ACGLO) Short Interest Down 57.0% in June

Arch Capital Group Ltd. (NASDAQ:ACGLO) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 8,496 shares, a decrease of 57.0% from the May 31st total of 19,754 shares. Based on an average daily volume of 24,402 shares, the short-interest ratio is currently 0.3 days.

Arch Capital Group Trading Up 0.3%

Shares of NASDAQ ACGLO opened at $18.98 on Monday. Arch Capital Group has a 12-month low of $18.71 and a 12-month high of $22.20. The stock has a fifty day moving average price of $19.83 and a 200 day moving average price of $20.32.

Arch Capital Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a $0.3406 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.36 annualized dividend and a dividend yield of 7.2%.

Arch Capital Group Company Profile

Arch Capital Group Ltd, through its operating subsidiaries, is a global provider of insurance, reinsurance, and mortgage insurance products. The company offers property and casualty insurance for commercial and personal lines, including solutions for professional liability, marine, and energy risks. In addition, Arch Capital is active in the mortgage insurance sector, providing primary mortgage guaranty and portfolio reinsurance for residential and commercial mortgages. It also participates in specialty programs, such as political violence, aviation, and cyber coverage.

Founded in 2001 and headquartered in Pembroke, Bermuda, Arch Capital Group has established a presence across North America, Europe, and the Asia-Pacific region.