Selective Insurance Group, Inc. (NASDAQ:SIGIP) Short Interest Down 24.9% in December

Selective Insurance Group, Inc. (NASDAQ:SIGIPGet Free Report) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 1,216 shares, a drop of 24.9% from the November 30th total of 1,619 shares. Based on an average daily trading volume, of 6,464 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 6,464 shares, the short-interest ratio is currently 0.2 days.

Selective Insurance Group Stock Performance

NASDAQ SIGIP traded up $0.06 during trading hours on Tuesday, hitting $16.74. The company had a trading volume of 5,745 shares, compared to its average volume of 6,022. The business has a 50 day moving average of $17.17 and a 200-day moving average of $17.44. Selective Insurance Group has a 1-year low of $16.61 and a 1-year high of $18.74.

Selective Insurance Group (NASDAQ:SIGIPGet Free Report) last announced its earnings results on Thursday, February 3rd. The company reported $1.84 earnings per share (EPS) for the quarter. The firm had revenue of $798.43 million during the quarter.

Selective Insurance Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were paid a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend was Monday, December 1st.

About Selective Insurance Group

(Get Free Report)

Selective Insurance Group, Inc is a property and casualty insurance holding company that underwrites a range of specialty and standard insurance products through a nationwide network of independent agents. The company’s core business focuses on commercial lines for small to mid-sized businesses, offering coverage for general liability, commercial auto, property, professional liability, and environmental liability exposures. In addition, Selective provides personal lines insurance, including homeowners and auto policies, through select agency partners in targeted markets.

Selective’s product portfolio is organized into three main segments: commercial property and casualty, personal lines, and reinsurance solutions.

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