Doma Holdings Inc. (NYSE:DOMA) Sees Large Decrease in Short Interest

by · The Markets Daily

Doma Holdings Inc. (NYSE:DOMA – Get Free Report) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 96,300 shares, a decline of 7.8% from the August 31st total of 104,500 shares. Currently, 1.6% of the company’s shares are short sold. Based on an average daily trading volume, of 19,400 shares, the short-interest ratio is presently 5.0 days.

Doma Price Performance

Shares of DOMA remained flat at $6.28 during midday trading on Tuesday. Doma has a twelve month low of $3.90 and a twelve month high of $6.29. The stock has a fifty day simple moving average of $6.08 and a 200 day simple moving average of $5.93. The stock has a market capitalization of $88.00 million, a price-to-earnings ratio of -0.82 and a beta of 1.58.

Doma (NYSE:DOMA – Get Free Report) last issued its earnings results on Tuesday, August 13th. The company reported ($1.29) EPS for the quarter. The firm had revenue of $77.65 million for the quarter. Doma had a negative return on equity of 2,120.08% and a negative net margin of 28.68%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Doma stock. Vanguard Group Inc. raised its position in Doma Holdings Inc. (NYSE:DOMA – Free Report) by 8.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 559,431 shares of the company’s stock after purchasing an additional 43,422 shares during the quarter. Vanguard Group Inc. owned 4.03% of Doma worth $2,540,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 20.67% of the company’s stock.

About Doma

(Get Free Report)

Doma Holdings Inc issues residential and commercial title insurance for purchase and refinance transactions in the United States. It operates through two segments, Underwriting; and Corporate and Other. The company offers title insurance underwriting, including policies referred to through its third-party agents' channel; and other insurance services for the residential real estate market.

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