Short Interest in Enstar Group Limited (NASDAQ:ESGRO) Expands By 6.1%

Enstar Group Limited (NASDAQ:ESGRO) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totalling 31,200 shares, a growth of 6.1% from the August 15th total of 29,400 shares. Based on an average trading volume of 30,600 shares, the short-interest ratio is currently 1.0 days.

Enstar Group Stock Performance

Shares of ESGRO traded up $0.52 during trading on Tuesday, reaching $20.32. The company’s stock had a trading volume of 25,148 shares, compared to its average volume of 17,305. The company has a fifty day moving average of $21.74 and a two-hundred day moving average of $23.54. Enstar Group has a twelve month low of $18.59 and a twelve month high of $25.47.

Enstar Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Sunday, September 1st. Shareholders of record on Thursday, August 15th were given a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a dividend yield of 8.61%. The ex-dividend date was Thursday, August 15th.

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.