Selective Insurance Group, Inc. (NASDAQ:SIGIP – Get Free Report) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 7,473 shares, a decrease of 60.4% from the July 15th total of 18,886 shares. Based on an average daily volume of 7,588 shares, the short-interest ratio is currently 1.0 days.
Selective Insurance Group Price Performance
Shares of NASDAQ SIGIP opened at $15.87 on Friday. The company’s fifty day moving average is $15.87 and its 200-day moving average is $16.37. Selective Insurance Group has a twelve month low of $15.45 and a twelve month high of $18.71.
Selective Insurance Group Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a yield of 7.2%. The ex-dividend date of this dividend is Monday, August 31st.
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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