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

Arch Capital Group Ltd. (NASDAQ:ACGLN) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 18,202 shares, a drop of 54.3% from the September 15th total of 39,810 shares. Based on an average daily volume of 64,129 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Arch Capital Group stock. GAMMA Investing LLC raised its stake in shares of Arch Capital Group Ltd. (NASDAQ:ACGLN) by 12,890.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,897 shares of the company’s stock after buying an additional 3,867 shares during the quarter. GAMMA Investing LLC’s holdings in Arch Capital Group were worth $64,000 at the end of the most recent quarter.

Arch Capital Group Price Performance

Shares of ACGLN stock traded up $0.03 during trading hours on Tuesday, hitting $15.01. 8,981 shares of the company’s stock traded hands, compared to its average volume of 48,112. The stock’s fifty day simple moving average is $15.68 and its two-hundred day simple moving average is $16.24. Arch Capital Group has a 12-month low of $14.75 and a 12-month high of $18.11.

About Arch Capital Group

Arch Capital Group Ltd. is a Bermuda-based insurance and reinsurance company that provides specialty risk solutions to businesses, institutions and individuals worldwide. The company operates through three primary segments: insurance, reinsurance and mortgage insurance.

Through its insurance operations, Arch offers property, casualty and specialty coverage, including professional liability, marine, aviation, construction, energy and other commercial lines. Its reinsurance business provides coverage to insurance companies across property, casualty, specialty and other risk categories.