Short Interest in Arch Capital Group Ltd. (NASDAQ:ACGLO) Declines By 48.4%

Arch Capital Group Ltd. (NASDAQ:ACGLO) saw a significant decrease in short interest in March. As of March 31st, there was short interest totalling 16,100 shares, a decrease of 48.4% from the March 15th total of 31,200 shares. Based on an average trading volume of 16,800 shares, the short-interest ratio is presently 1.0 days.

Arch Capital Group Stock Down 1.1 %

ACGLO opened at $22.85 on Friday. The company has a fifty day simple moving average of $23.70 and a 200 day simple moving average of $22.65. Arch Capital Group has a twelve month low of $19.20 and a twelve month high of $24.50.

Arch Capital Group Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Sunday, March 31st. Shareholders of record on Friday, March 15th were paid a dividend of $0.3406 per share. The ex-dividend date was Thursday, March 14th. This represents a $1.36 annualized dividend and a yield of 5.96%.

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.