Short Interest in Arch Capital Group Ltd. (NASDAQ:ACGLN) Expands By 194.4%

Arch Capital Group Ltd. (NASDAQ:ACGLN) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 90,100 shares, an increase of 194.4% from the October 31st total of 30,600 shares. Based on an average daily volume of 38,200 shares, the days-to-cover ratio is presently 2.4 days.

Arch Capital Group Trading Down 0.4 %

NASDAQ:ACGLN opened at $19.63 on Friday. Arch Capital Group has a twelve month low of $19.05 and a twelve month high of $21.21. The stock has a fifty day simple moving average of $20.42 and a 200-day simple moving average of $19.96.

Arch Capital Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Sunday, December 15th will be paid a dividend of $0.2844 per share. The ex-dividend date is Friday, December 13th. This represents a $1.14 annualized dividend and a dividend yield of 5.79%.

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.