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

Selective Insurance Group, Inc. (NASDAQ:SIGIP) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 14,100 shares, a decline of 26.9% from the December 31st total of 19,300 shares. Based on an average daily trading volume, of 9,800 shares, the days-to-cover ratio is presently 1.4 days.

Selective Insurance Group Price Performance

Shares of NASDAQ SIGIP opened at $17.82 on Friday. The firm has a fifty day moving average of $18.19 and a 200 day moving average of $18.84. Selective Insurance Group has a one year low of $17.10 and a one year high of $20.30.

Selective Insurance Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 28th will be given 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 6.45%.

About Selective Insurance Group

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.