Arch Capital Group Ltd. (NASDAQ:ACGLN) Short Interest Update

Arch Capital Group Ltd. (NASDAQ:ACGLN) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 91,957 shares, an increase of 133.4% from the January 15th total of 39,403 shares. Based on an average daily volume of 53,474 shares, the days-to-cover ratio is presently 1.7 days. Based on an average daily volume of 53,474 shares, the days-to-cover ratio is presently 1.7 days.

Arch Capital Group Stock Up 0.1%

NASDAQ ACGLN opened at $17.54 on Friday. The firm’s fifty day moving average price is $17.24 and its two-hundred day moving average price is $17.52. Arch Capital Group has a fifty-two week low of $16.44 and a fifty-two week high of $19.16.

Arch Capital Group Company Profile

Arch Capital Group Ltd is a Bermuda-based financial services company that provides insurance, reinsurance and mortgage insurance products through its subsidiaries. The company underwrites a broad array of property and casualty insurance, specialty insurance, and reinsurance business, designing customized solutions for clients across commercial, personal and specialty markets. Arch’s offerings include commercial casualty and property, directors and officers liability, professional liability, surety, and mortgage insurance products.

In its reinsurance segment, Arch writes treaty and facultative business lines, encompassing property catastrophe, casualty and specialty risks.