What’s Next for Arch Capital Group LTD. (NASDAQ:ACGL) After Having More Shares Shorted?

Arch Capital Group Ltd. (NASDAQ:ACGL) Logo

Investors sentiment increased to 1.36 in Q1 2019. Its up 0.71, from 0.65 in 2018Q4. It is positive, as 13 investors sold Arch Capital Group Ltd. shares while 89 reduced holdings. 40 funds opened positions while 99 raised stakes. 319.85 million shares or 0.99% more from 316.71 million shares in 2018Q4 were reported.
Maryland Management owns 12,100 shares or 0.05% of their US portfolio. Goldman Sachs Group reported 4.28 million shares stake. First Hawaiian Comml Bank has 0.02% invested in Arch Capital Group Ltd. (NASDAQ:ACGL) for 14,309 shares. Prudential Financial Inc has invested 0% in Arch Capital Group Ltd. (NASDAQ:ACGL). Ajo Limited Partnership reported 164,789 shares. Charles Schwab Inv has 1.04 million shares for 0.02% of their portfolio. Moreover, Verition Fund Llc has 0.05% invested in Arch Capital Group Ltd. (NASDAQ:ACGL) for 41,049 shares. Systematic Fincl Mngmt Lp owns 6,300 shares. Thompson Siegel And Walmsley Ltd reported 1.13% of its portfolio in Arch Capital Group Ltd. (NASDAQ:ACGL). The New Jersey-based State Of New Jersey Common Pension Fund D has invested 0.05% in Arch Capital Group Ltd. (NASDAQ:ACGL). Northern Tru stated it has 0.02% of its portfolio in Arch Capital Group Ltd. (NASDAQ:ACGL). Natixis stated it has 187,898 shares or 0.04% of all its holdings. Japan-based Meiji Yasuda Asset Mngmt Communication has invested 0.19% in Arch Capital Group Ltd. (NASDAQ:ACGL). Scout Invests reported 525,917 shares. Panagora Asset Mgmt holds 0.09% or 643,611 shares in its portfolio.

The stock of Arch Capital Group LTD. (NASDAQ:ACGL) registered an increase of 15.08% in short interest. ACGL’s total short interest was 4.17 million shares in July as published by FINRA. Its up 15.08% from 3.62 million shares, reported previously. With 1.14M shares average volume, it will take short sellers 4 days to cover their ACGL’s short positions.

The stock decreased 0.18% or $0.07 during the last trading session, reaching $38.29. About 1.00M shares traded. Arch Capital Group Ltd. (NASDAQ:ACGL) has risen 28.99% since July 14, 2018 and is uptrending. It has outperformed by 24.56% the S&P500.

Arch Capital Group Ltd., together with its subsidiaries, provides property, casualty, and mortgage insurance and reinsurance products worldwide. The company has market cap of $15.46 billion. The Company’s Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; collateral protection, debt cancellation, and service contract reimbursement products; directorsÂ’ and officersÂ’ liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workersÂ’ compensation and umbrella liability, as well as commercial automobile and inland marine products. It has a 15.51 P/E ratio. It also provides property, energy, marine, and aviation insurance; travel insurance; accident, disability, and medical plan insurance coverages; captive insurance programs; employersÂ’ liability insurance coverages; and contract and commercial surety coverages.

Arch Capital Group Ltd. (NASDAQ:ACGL) Ratings Coverage

Among 2 analysts covering Arch Capital Group Ltd (NASDAQ:ACGL), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Arch Capital Group Ltd has $4200 highest and $36 lowest target. $39’s average target is 1.85% above currents $38.29 stock price. Arch Capital Group Ltd had 6 analyst reports since February 20, 2019 according to SRatingsIntel. As per Monday, July 1, the company rating was maintained by Barclays Capital. UBS maintained the shares of ACGL in report on Wednesday, February 20 with “Buy” rating.

More notable recent Arch Capital Group Ltd. (NASDAQ:ACGL) news were published by: Nasdaq.com which released: “Arch Capital (ACGL) Stock on Growth Graph: Apt to Invest In? – Nasdaq” on September 25, 2018, also Nasdaq.com with their article: “Zacks.com featured highlights include: Gilead, Jazz, Amdocs, Arch Capital and Legg Mason – Nasdaq” published on May 28, 2019, Nasdaq.com published: “Are You Looking for a Top Momentum Pick? Why Arch Capital Group (ACGL) is a Great Choice – Nasdaq” on July 10, 2019. More interesting news about Arch Capital Group Ltd. (NASDAQ:ACGL) were released by: Nasdaq.com and their article: “Top Ranked Momentum Stocks to Buy for July 8th – Nasdaq” published on July 08, 2019 as well as Nasdaq.com‘s news article titled: “Here’s Why You Should Hold Willis Towers (WLTW) Stock Now – Nasdaq” with publication date: March 04, 2019.

Arch Capital Group Ltd. (NASDAQ:ACGL) Ratings Chart

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