Selective Insurance Group, Inc. (NASDAQ:SIGIP) Short Interest Down 19.8% in November

Selective Insurance Group, Inc. (NASDAQ:SIGIP) was the recipient of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 17,000 shares, a decline of 19.8% from the October 31st total of 21,200 shares. Based on an average daily volume of 6,900 shares, the days-to-cover ratio is currently 2.5 days.

Selective Insurance Group Stock Performance

Shares of NASDAQ SIGIP opened at $19.21 on Monday. Selective Insurance Group has a 52-week low of $16.50 and a 52-week high of $20.30. The firm has a 50 day moving average price of $19.59 and a 200 day moving average price of $18.94.

Selective Insurance Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be issued a $0.2875 dividend. This represents a $1.15 annualized dividend and a dividend yield of 5.99%. The ex-dividend date of this dividend is Monday, December 2nd.

Selective Insurance Group Company Profile

Selective Insurance Group, Inc, together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products.