Arch Capital Group Ltd. (NASDAQ:ACGLO) Short Interest Up 112.1% in March

Arch Capital Group Ltd. (NASDAQ:ACGLO) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 45,400 shares, a growth of 112.1% from the March 15th total of 21,400 shares. Based on an average trading volume of 26,300 shares, the days-to-cover ratio is currently 1.7 days.

Arch Capital Group Trading Up 0.2 %

Arch Capital Group stock opened at $20.15 on Wednesday. The stock has a fifty day moving average price of $21.23 and a two-hundred day moving average price of $22.06. Arch Capital Group has a 52-week low of $20.05 and a 52-week high of $23.92.

Arch Capital Group Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Saturday, March 15th were issued a $0.3406 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 6.76%.

About Arch Capital Group

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.