Selective Insurance Group, Inc. (NASDAQ:SIGIP) Short Interest Update

Selective Insurance Group, Inc. (NASDAQ:SIGIP) was the target of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 11,400 shares, a decrease of 32.1% from the February 13th total of 16,800 shares. Based on an average trading volume of 10,400 shares, the days-to-cover ratio is presently 1.1 days.

Selective Insurance Group Stock Up 0.7 %

Shares of SIGIP stock traded up $0.14 on Monday, hitting $18.60. The company’s stock had a trading volume of 1,377 shares, compared to its average volume of 7,741. Selective Insurance Group has a fifty-two week low of $17.10 and a fifty-two week high of $20.30. The firm’s fifty day moving average price is $17.90 and its 200-day moving average price is $18.68.

Selective Insurance Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.2875 per share. The ex-dividend date is Friday, February 28th. This represents a $1.15 annualized dividend and a dividend yield of 6.18%.

Selective Insurance Group Company Profile

Selective Insurance Group, Inc, together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products.