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

Selective Insurance Group, Inc. (NASDAQ:SIGIP) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 3,725 shares, a growth of 206.3% from the December 15th total of 1,216 shares. Based on an average daily trading volume, of 13,204 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 13,204 shares, the days-to-cover ratio is presently 0.3 days.

Selective Insurance Group Trading Down 0.3%

NASDAQ SIGIP opened at $16.85 on Tuesday. The business’s 50-day moving average price is $16.98 and its two-hundred day moving average price is $17.45. Selective Insurance Group has a 12 month low of $16.61 and a 12 month high of $18.74.

Selective Insurance Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were issued a $0.2875 dividend. The ex-dividend date was Monday, December 1st. This represents a $1.15 annualized dividend and a yield of 6.8%.

Selective Insurance Group Company Profile

Selective Insurance Group, Inc is a property and casualty insurance holding company that underwrites a range of specialty and standard insurance products through a nationwide network of independent agents. The company’s core business focuses on commercial lines for small to mid-sized businesses, offering coverage for general liability, commercial auto, property, professional liability, and environmental liability exposures. In addition, Selective provides personal lines insurance, including homeowners and auto policies, through select agency partners in targeted markets.

Selective’s product portfolio is organized into three main segments: commercial property and casualty, personal lines, and reinsurance solutions.