Ambac Financial Group, Inc.
Market Cap
400M
Short interest (Nov 14)
5.7%
Net Short (Nov 19 ): -0.1%
Borrow Fee
0.44%
Available Shares
2M
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Company Overview
Ambac Financial Group Inc is a financial services holding company. It operates in two principal businesses segments: Insurance Distribution and Specialty Property & Casualty Insurance. Insurance Distribution segment includes Managing General Agents, Underwriters and other appointed and delegated underwriting businesses (collectively MGAs or MGA/Us), an insurance broker, and other distribution and underwriting businesses. Specialty Property & Casualty Insurance includes five carriers (collectively, Everspan). Key revenue is generated from Insurance Distribution.
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