Enstar Group Limited (NASDAQ:ESGRO) Short Interest Down 10.6% in March

Enstar Group Limited (NASDAQ:ESGRO) saw a significant decrease in short interest in March. As of March 31st, there was short interest totalling 4,200 shares, a decrease of 10.6% from the March 15th total of 4,700 shares. Based on an average daily volume of 7,600 shares, the days-to-cover ratio is currently 0.6 days.

Enstar Group Price Performance

ESGRO stock opened at $23.73 on Wednesday. Enstar Group has a 52 week low of $21.78 and a 52 week high of $25.47. The firm has a 50-day simple moving average of $24.79 and a 200-day simple moving average of $24.23.

Enstar Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were issued a $0.4375 dividend. The ex-dividend date was Wednesday, February 14th. This represents a $1.75 dividend on an annualized basis and a yield of 7.37%.

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.