Selective Insurance Group, Inc. (NASDAQ:SIGIP – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 347 shares, a decrease of 83.9% from the August 31st total of 2,158 shares. Based on an average trading volume of 5,748 shares, the days-to-cover ratio is presently 0.1 days.
Selective Insurance Group Trading Up 0.3%
Shares of NASDAQ:SIGIP opened at $15.30 on Friday. Selective Insurance Group has a 1 year low of $14.80 and a 1 year high of $18.71. The business has a fifty day simple moving average of $15.64 and a 200 day simple moving average of $16.02.
Selective Insurance Group Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were paid a dividend of $0.2875 per share. The ex-dividend date of this dividend was Monday, August 31st. This represents a $1.15 dividend on an annualized basis and a dividend yield of 7.5%.
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.
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