Arch Capital Group Ltd. (NASDAQ:ACGLO) Stock Short Interest Report for September

Arch Capital Group Ltd. (NASDAQ:ACGLO) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 138,946 shares, a growth of 320.8% from the September 15th total of 33,019 shares. Based on an average daily trading volume, of 51,278 shares, the days-to-cover ratio is presently 2.7 days.

Arch Capital Group Stock Performance

Shares of Arch Capital Group stock traded down $0.12 during trading on Monday, hitting $18.39. 17,091 shares of the stock traded hands, compared to its average volume of 29,710. The stock’s fifty day simple moving average is $18.86 and its 200 day simple moving average is $19.41. Arch Capital Group has a 52-week low of $17.91 and a 52-week high of $21.85.

About Arch Capital Group

Arch Capital Group Ltd. is a Bermuda-based insurance and reinsurance company that provides coverage and risk-management solutions to businesses, institutions and individuals worldwide. Its operations span property and casualty insurance, reinsurance and mortgage insurance.

Through its insurance business, Arch offers products including property, casualty, specialty and professional liability coverage. Its reinsurance operations assume risks from other insurers across a range of property and casualty lines, while its mortgage insurance business supports residential housing finance by providing protection against mortgage credit losses.

Arch Capital serves clients in North America, Europe and other international markets through a network of underwriting platforms and operating subsidiaries.