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

Arch Capital Group Ltd. (NASDAQ:ACGLO) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 138,946 shares, an increase of 320.8% from the September 15th total of 33,019 shares. Based on an average daily trading volume, of 51,278 shares, the days-to-cover ratio is currently 2.7 days.

Arch Capital Group Price Performance

Shares of ACGLO stock traded up $0.29 during trading hours on Friday, hitting $18.51. The stock had a trading volume of 19,066 shares, compared to its average volume of 29,781. Arch Capital Group has a twelve month low of $17.91 and a twelve month high of $21.85. The stock’s 50 day moving average is $18.86 and its 200 day moving average is $19.41.

Arch Capital Group Company Profile

Arch Capital Group Ltd. is a Bermuda-based insurance and reinsurance company that provides coverage and risk-management solutions to businesses, institutions and individuals worldwide. Its operations span property and casualty insurance, reinsurance and mortgage insurance.

Through its insurance business, Arch offers products including property, casualty, specialty and professional liability coverage. Its reinsurance operations assume risks from other insurers across a range of property and casualty lines, while its mortgage insurance business supports residential housing finance by providing protection against mortgage credit losses.

Arch Capital serves clients in North America, Europe and other international markets through a network of underwriting platforms and operating subsidiaries.