Selective Insurance Group sees surge in short interest

Short interest in the insurance company's stock rose over 33% in February

Published on Mar. 2, 2026

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Selective Insurance Group, Inc. (NASDAQ:SIGI) saw a significant increase in short interest in February, with short interest totaling 2,681,752 shares as of February 13th, up 33.8% from the January 29th total of 2,003,970 shares. Based on the company's average daily trading volume of 632,408 shares, the current short interest ratio is 4.2 days, meaning it would take just over 4 days for short sellers to cover their positions.

Why it matters

The rise in short interest could indicate that some investors are betting against the insurance company's stock performance. Increased short interest can sometimes signal that a stock is overvalued or that investors are concerned about the company's future prospects.

The details

Approximately 4.5% of Selective Insurance Group's outstanding shares are currently sold short. The company's stock has traded in a range of $71.75 to $93.38 over the past 52 weeks and currently trades around $84.41 per share.

  • As of February 13th, 2026, short interest in Selective Insurance Group totaled 2,681,752 shares.
  • This represents a 33.8% increase from the January 29th, 2026 short interest total of 2,003,970 shares.

The players

Selective Insurance Group, Inc.

An insurance holding company headquartered in Branchville, New Jersey that provides property and casualty insurance products to commercial and personal lines customers.

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The takeaway

The rise in short interest in Selective Insurance Group's stock could signal that some investors are bearish on the company's prospects, though the reasons behind the increased short interest are not entirely clear from the available information.