Short Interest in Arch Capital Group Ltd. (NASDAQ:ACGLN) Decreases By 91.6%

Arch Capital Group Ltd. (NASDAQ:ACGLN) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 4,300 shares, a decrease of 91.6% from the November 30th total of 51,100 shares. Based on an average trading volume of 41,300 shares, the days-to-cover ratio is presently 0.1 days.

Arch Capital Group Stock Down 1.1 %

Shares of ACGLN stock traded down $0.19 during trading on Thursday, reaching $17.80. 19,376 shares of the company’s stock were exchanged, compared to its average volume of 31,319. The firm’s fifty day moving average price is $19.81 and its 200-day moving average price is $19.88. Arch Capital Group has a twelve month low of $17.56 and a twelve month high of $21.21.

Arch Capital Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Sunday, December 15th will be issued a $0.2844 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 6.39%. The ex-dividend date is Friday, December 13th.

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.