Short Interest in Enstar Group Limited (NASDAQ:ESGRO) Drops By 10.6%

Enstar Group Limited (NASDAQ:ESGRO) saw a significant decline in short interest in March. As of March 31st, there was short interest totalling 4,200 shares, a decline of 10.6% from the March 15th total of 4,700 shares. Based on an average trading volume of 7,600 shares, the short-interest ratio is presently 0.6 days.

Enstar Group Stock Performance

NASDAQ ESGRO opened at $23.73 on Wednesday. The company has a 50-day simple moving average of $24.79 and a two-hundred day simple moving average of $24.23. Enstar Group has a 12-month low of $21.78 and a 12-month high of $25.47.

Enstar Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were paid a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 7.37%. The ex-dividend date was Wednesday, February 14th.

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.