Enstar Group Limited (NASDAQ:ESGRP) Short Interest Up 76.4% in March

Enstar Group Limited (NASDAQ:ESGRP) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 19,400 shares, an increase of 76.4% from the March 15th total of 11,000 shares. Based on an average trading volume of 35,100 shares, the short-interest ratio is presently 0.6 days.

Enstar Group Stock Performance

Shares of ESGRP stock opened at $19.64 on Friday. Enstar Group has a fifty-two week low of $18.52 and a fifty-two week high of $25.80. The business has a fifty day simple moving average of $20.74 and a 200-day simple moving average of $20.55.

Enstar Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Saturday, February 15th were given a $0.4375 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.75 annualized dividend and a dividend yield of 8.91%.

Enstar Group Company Profile

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.