Enstar Group Limited (NASDAQ:ESGRP) Short Interest Update

Enstar Group Limited (NASDAQ:ESGRP) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totalling 6,500 shares, a drop of 15.6% from the July 15th total of 7,700 shares. Based on an average daily volume of 67,800 shares, the days-to-cover ratio is currently 0.1 days.

Enstar Group Stock Down 1.7 %

Shares of NASDAQ:ESGRP traded down $0.36 during midday trading on Friday, reaching $20.91. 407,137 shares of the company’s stock were exchanged, compared to its average volume of 47,026. The firm’s 50 day simple moving average is $23.80 and its two-hundred day simple moving average is $24.83. Enstar Group has a fifty-two week low of $19.11 and a fifty-two week high of $26.12.

Enstar Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, September 1st. Investors of record on Thursday, August 15th will be given a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 8.37%. The ex-dividend date of this dividend is Thursday, August 15th.

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.