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

Arch Capital Group Ltd. (NASDAQ:ACGLO) was the target of a significant decrease in short interest during the month of August. As of August 15th, there was short interest totalling 4,200 shares, a decrease of 27.6% from the July 31st total of 5,800 shares. Based on an average trading volume of 13,300 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Arch Capital Group

An institutional investor recently bought a new position in Arch Capital Group stock. Cove Street Capital LLC purchased a new position in Arch Capital Group Ltd. (NASDAQ:ACGLO) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,500 shares of the company’s stock, valued at approximately $169,000.

Arch Capital Group Stock Down 1.8 %

ACGLO stock opened at $23.20 on Friday. The firm’s 50-day simple moving average is $22.84 and its 200 day simple moving average is $23.01. Arch Capital Group has a fifty-two week low of $19.20 and a fifty-two week high of $24.50.

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.