Arch Capital Group Ltd. (NASDAQ:ACGLN) Short Interest Down 49.8% in February

Arch Capital Group Ltd. (NASDAQ:ACGLN) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 31,800 shares, a decline of 49.8% from the February 13th total of 63,400 shares. Based on an average daily volume of 45,500 shares, the short-interest ratio is presently 0.7 days.

Arch Capital Group Trading Up 0.4 %

Shares of ACGLN stock opened at $18.19 on Friday. The firm has a fifty day moving average price of $18.54 and a 200 day moving average price of $19.45. Arch Capital Group has a 12 month low of $17.35 and a 12 month high of $20.99.

Arch Capital Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Saturday, March 15th will be paid a dividend of $0.2844 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 6.25%. This is an increase from Arch Capital Group’s previous quarterly dividend of $0.28.

Arch Capital Group Company Profile

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.