Arch Capital Group Ltd. (NASDAQ:ACGLN) Sees Significant Growth in Short Interest

Arch Capital Group Ltd. (NASDAQ:ACGLN) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 27,100 shares, an increase of 142.0% from the September 30th total of 11,200 shares. Based on an average trading volume of 33,800 shares, the short-interest ratio is currently 0.8 days.

Arch Capital Group Trading Up 0.2 %

NASDAQ:ACGLN opened at $20.44 on Monday. Arch Capital Group has a 1 year low of $16.93 and a 1 year high of $21.21. The firm’s fifty day simple moving average is $20.43 and its 200 day simple moving average is $19.84.

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.