Enstar Group Limited (NASDAQ:ESGRP – Get Free Report) 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.
Read More
- Five stocks we like better than Enstar Group
- Trading Halts Explained
- This Small Cap Wealth Management Stock Could Provide Big Returns
- What is the Nikkei 225 index?
- Bumble’s Valuation Hits an All-Time Low, Can Its Fortunes Change?
- What Does a Stock Split Mean?
- MarketBeat Week in Review – 8/12 – 8/16
Receive News & Ratings for Enstar Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enstar Group and related companies with MarketBeat.com's FREE daily email newsletter.