Enstar Group Limited (NASDAQ:ESGRO) Short Interest Up 346.2% in April

Enstar Group Limited (NASDAQ:ESGRO) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totalling 11,600 shares, an increase of 346.2% from the April 15th total of 2,600 shares. Based on an average daily trading volume, of 8,900 shares, the short-interest ratio is currently 1.3 days.

Enstar Group Trading Up 0.2 %

ESGRO stock traded up $0.04 during midday trading on Friday, reaching $24.74. 6,353 shares of the company were exchanged, compared to its average volume of 8,591. The business has a 50-day moving average price of $24.58 and a two-hundred day moving average price of $24.39. Enstar Group has a one year low of $21.78 and a one year high of $25.47.

Enstar Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be given a dividend of $0.4375 per share. The ex-dividend date is Tuesday, May 14th. This represents a $1.75 annualized dividend and a yield of 7.07%.

Enstar Group Company Profile

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.