Selective Insurance Group, Inc. (NASDAQ:SIGIP – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 4,039 shares, an increase of 229.2% from the October 15th total of 1,227 shares. Based on an average daily volume of 13,202 shares, the short-interest ratio is presently 0.3 days.
Selective Insurance Group Stock Down 0.3%
SIGIP traded down $0.04 during midday trading on Friday, hitting $14.71. The stock had a trading volume of 16,123 shares, compared to its average volume of 14,670. Selective Insurance Group has a 1 year low of $14.65 and a 1 year high of $17.49. The business has a fifty day moving average of $15.08 and a 200 day moving average of $16.00.
Selective Insurance Group Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be given a dividend of $0.2875 per share. The ex-dividend date of this dividend is Monday, November 30th. This represents a $1.15 annualized dividend and a dividend yield of 7.8%.
Selective Insurance Group Company Profile
Selective Insurance Group, Inc. is a property and casualty insurance company founded in 1926 and headquartered in Branchville, New Jersey. It provides insurance and related services to businesses and individuals, primarily through a network of independent insurance agents. The company’s offerings include commercial property, general liability, workers’ compensation and commercial auto coverage, as well as personal insurance such as homeowners and auto policies. Selective also writes specialty and excess and surplus lines coverage for risks that may not fit standard insurance programs.
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