Oxbridge Re Holdings Limited (NASDAQ:OXBR – Get Free Report) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 15,100 shares, a decrease of 32.9% from the February 13th total of 22,500 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 35,100 shares, the days-to-cover ratio is presently 0.4 days.
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on shares of Oxbridge Re in a research note on Thursday. They set a “hold” rating for the company.
Get Our Latest Stock Report on Oxbridge Re
Institutional Trading of Oxbridge Re
Oxbridge Re Stock Down 3.9 %
OXBR stock traded down $0.11 during trading on Monday, hitting $2.71. The company had a trading volume of 32,718 shares, compared to its average volume of 29,174. The firm has a 50-day moving average price of $4.18 and a 200-day moving average price of $3.40. The stock has a market cap of $18.26 million, a price-to-earnings ratio of -3.23 and a beta of 1.30. Oxbridge Re has a 12 month low of $0.94 and a 12 month high of $5.81.
Oxbridge Re Company Profile
Oxbridge Re Holdings Limited, through its subsidiaries, provides specialty property and casualty reinsurance solutions. The company underwrites collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States. It also issues reinsurance contracts through digital securities by blockchain technology.
Featured Stories
- Five stocks we like better than Oxbridge Re
- Stock Market Sectors: What Are They and How Many Are There?
- Can TikTok Stock Picks Really Make You Rich?
- Which Wall Street Analysts are the Most Accurate?
- The “Quality” Rotation: Back to Basics Investing
- What is the FTSE 100 index?
- Occidental Petroleum: 4 Reasons to Love These Prices
Receive News & Ratings for Oxbridge Re Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxbridge Re and related companies with MarketBeat.com's FREE daily email newsletter.