Arch Capital Group Ltd. (NASDAQ:ACGLO) Short Interest Down 63.0% in November

Arch Capital Group Ltd. (NASDAQ:ACGLO) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 2,000 shares, a decrease of 63.0% from the November 15th total of 5,400 shares. Based on an average daily volume of 22,100 shares, the days-to-cover ratio is currently 0.1 days.

Arch Capital Group Price Performance

NASDAQ ACGLO traded up $0.07 during trading hours on Wednesday, hitting $22.56. The company’s stock had a trading volume of 16,393 shares, compared to its average volume of 17,388. Arch Capital Group has a 12 month low of $21.99 and a 12 month high of $24.50. The company’s 50 day simple moving average is $23.18 and its two-hundred day simple moving average is $23.02.

Arch Capital Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Sunday, December 15th will be given a $0.3406 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.36 annualized dividend and a yield of 6.04%.

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 Arch Capital Group Ltd. (NASDAQ:ACGLO) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 7,500 shares of the company’s stock, valued at approximately $169,000.

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.