Arch Capital Group Ltd. (NASDAQ:ACGLO) Short Interest Up 49.3% in January

Arch Capital Group Ltd. (NASDAQ:ACGLO) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 16,491 shares, a growth of 49.3% from the December 31st total of 11,048 shares. Based on an average daily trading volume, of 26,855 shares, the short-interest ratio is presently 0.6 days. Based on an average daily trading volume, of 26,855 shares, the short-interest ratio is presently 0.6 days.

Arch Capital Group Stock Up 0.1%

NASDAQ ACGLO opened at $21.18 on Monday. Arch Capital Group has a 52 week low of $19.99 and a 52 week high of $22.20. The company has a fifty day moving average of $20.80 and a two-hundred day moving average of $21.17.

Arch Capital Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were issued a dividend of $0.3406 per share. This represents a $1.36 annualized dividend and a yield of 6.4%. The ex-dividend date was Monday, December 15th. This is a positive change from Arch Capital Group’s previous quarterly dividend of $0.34.

About Arch Capital Group

Arch Capital Group Ltd, through its operating subsidiaries, is a global provider of insurance, reinsurance, and mortgage insurance products. The company offers property and casualty insurance for commercial and personal lines, including solutions for professional liability, marine, and energy risks. In addition, Arch Capital is active in the mortgage insurance sector, providing primary mortgage guaranty and portfolio reinsurance for residential and commercial mortgages. It also participates in specialty programs, such as political violence, aviation, and cyber coverage.

Founded in 2001 and headquartered in Pembroke, Bermuda, Arch Capital Group has established a presence across North America, Europe, and the Asia-Pacific region.