Arch Capital Group Ltd. (NASDAQ:ACGLN) Stock Short Interest Report for September

Arch Capital Group Ltd. (NASDAQ:ACGLN) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 18,202 shares, a drop of 54.3% from the September 15th total of 39,810 shares. Based on an average trading volume of 64,129 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Arch Capital Group

An institutional investor recently raised its position in Arch Capital Group stock. GAMMA Investing LLC raised its position in shares of Arch Capital Group Ltd. (NASDAQ:ACGLN) by 12,890.0% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,897 shares of the company’s stock after purchasing an additional 3,867 shares during the quarter. GAMMA Investing LLC’s holdings in Arch Capital Group were worth $64,000 at the end of the most recent quarter.

Arch Capital Group Price Performance

Shares of ACGLN traded up $0.03 during trading hours on Tuesday, hitting $15.01. The company had a trading volume of 8,981 shares, compared to its average volume of 48,112. The firm has a fifty day moving average price of $15.68 and a 200-day moving average price of $16.24. Arch Capital Group has a 52-week low of $14.75 and a 52-week high of $18.11.

About Arch Capital Group

Arch Capital Group Ltd. is a Bermuda-based insurance and reinsurance company that provides specialty risk solutions to businesses, institutions and individuals worldwide. The company operates through three primary segments: insurance, reinsurance and mortgage insurance.

Through its insurance operations, Arch offers property, casualty and specialty coverage, including professional liability, marine, aviation, construction, energy and other commercial lines. Its reinsurance business provides coverage to insurance companies across property, casualty, specialty and other risk categories.