Arch Capital Group Ltd. (NASDAQ:ACGLN) short interest falls 27.6%

Arch Capital Group Ltd. (NASDAQ:ACGLN – Get Free Report ) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 7,600 shares, down 27.6% from August 31st’s total of 10,500 shares. Based on an average daily volume of 28,500 shares, the days-to-cover ratio is currently 0.3 days.

Arch Capital Group Stock Performance

NASDAQ:ACGLN opened at $20.49 on Friday. Arch Capital Group has a 12-month low of $16.49 and a 12-month high of $21.21. The company has a 50-day moving average of $20.03 and a 200-day moving average of $19.87.

About Arch Capital Group

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Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance and mortgage insurance products worldwide. The company’s insurance segment provides primary and excess casualty coverages; loss-sensitive primary insurance programs; directors’ and officers’ liability, errors and omissions liability, employment practices and fiduciary liability, torts, professional indemnity and other financial coverage; Professional medical and general liability insurance covers; and workers’ compensation and umbrella liability, as well as commercial auto and inland marine products.

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