Short Interest in Enstar Group Limited (NASDAQ:ESGRO) Declines By 10.6%

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

Enstar Group Stock Performance

Shares of ESGRO stock opened at $23.73 on Wednesday. Enstar Group has a fifty-two week low of $21.78 and a fifty-two week high of $25.47. The stock’s 50-day simple moving average is $24.79 and its 200-day simple moving average is $24.23.

Enstar Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were paid a dividend of $0.4375 per share. The ex-dividend date was Wednesday, February 14th. This represents a $1.75 dividend on an annualized basis and a dividend 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.