Enstar Group Limited (NASDAQ:ESGRP) Short Interest Update

Enstar Group Limited (NASDAQ:ESGRP) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 5,600 shares, a decrease of 57.9% from the May 15th total of 13,300 shares. Based on an average daily volume of 20,600 shares, the short-interest ratio is currently 0.3 days.

Enstar Group Price Performance

Shares of NASDAQ:ESGRP traded down $0.47 during midday trading on Friday, reaching $24.55. 32,809 shares of the company’s stock were exchanged, compared to its average volume of 18,477. The company’s 50 day simple moving average is $25.26 and its two-hundred day simple moving average is $25.27. Enstar Group has a 12 month low of $21.83 and a 12 month high of $26.12.

Enstar Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th were issued a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 7.13%. The ex-dividend date was Tuesday, May 14th.

About Enstar Group

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.