Enstar Group Limited (NASDAQ:ESGRO) Short Interest Up 306.5% in November

Enstar Group Limited (NASDAQ:ESGRO) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 12,600 shares, an increase of 306.5% from the November 15th total of 3,100 shares. Based on an average trading volume of 18,900 shares, the short-interest ratio is presently 0.7 days.

Enstar Group Stock Up 0.4 %

Shares of NASDAQ ESGRO traded up $0.08 during midday trading on Thursday, reaching $20.12. 11,643 shares of the stock were exchanged, compared to its average volume of 17,522. The company has a 50 day simple moving average of $20.51 and a 200 day simple moving average of $21.83. Enstar Group has a twelve month low of $18.59 and a twelve month high of $25.47.

Enstar Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Sunday, December 1st. Shareholders of record on Friday, November 15th were given a $0.4375 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.75 dividend on an annualized basis and a yield of 8.70%.

About Enstar Group

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.