Selective Insurance Group, Inc. (NASDAQ:SIGIP) Short Interest Down 68.8% in June

Selective Insurance Group, Inc. (NASDAQ:SIGIP) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 10,300 shares, a decrease of 68.8% from the May 31st total of 33,000 shares. Based on an average daily volume of 7,200 shares, the days-to-cover ratio is currently 1.4 days.

Selective Insurance Group Stock Down 0.5 %

Shares of Selective Insurance Group stock traded down $0.10 during trading on Friday, reaching $18.15. 2,911 shares of the company traded hands, compared to its average volume of 6,800. Selective Insurance Group has a 1-year low of $15.17 and a 1-year high of $19.29. The company has a 50 day moving average price of $18.37 and a 200-day moving average price of $18.28.

Selective Insurance Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Monday, June 3rd were given a dividend of $0.2875 per share. The ex-dividend date was Monday, June 3rd. This represents a $1.15 dividend on an annualized basis and a dividend yield of 6.34%.

About Selective Insurance Group

Selective Insurance Group, Inc, together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products.