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

Arch Capital Group Ltd. (NASDAQ:ACGLO) was the target of a significant growth in short interest in October. As of October 31st, there was short interest totalling 13,300 shares, a growth of 160.8% from the October 15th total of 5,100 shares. Based on an average daily trading volume, of 19,300 shares, the days-to-cover ratio is presently 0.7 days.

Arch Capital Group Price Performance

Shares of ACGLO stock opened at $23.04 on Wednesday. Arch Capital Group has a 1-year low of $21.36 and a 1-year high of $24.50. The firm has a fifty day moving average of $23.57 and a two-hundred day moving average of $23.01.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Arch Capital Group stock. Cove Street Capital LLC acquired a new position in shares of Arch Capital Group Ltd. (NASDAQ:ACGLO) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 7,500 shares of the company’s stock, valued at approximately $169,000.

About Arch Capital Group

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.