Oxbridge Re Holdings Limited (NASDAQ:OXBRW) Sees Significant Increase in Short Interest
by Tristan Rich · The Markets DailyOxbridge Re Holdings Limited (NASDAQ:OXBRW – Get Free Report) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 4,437 shares, a growth of 65.1% from the January 29th total of 2,687 shares. Based on an average trading volume of 497 shares, the days-to-cover ratio is presently 8.9 days. Based on an average trading volume of 497 shares, the days-to-cover ratio is presently 8.9 days.
Oxbridge Re Stock Performance
Shares of Oxbridge Re stock remained flat at $0.13 during trading on Monday. 2,592 shares of the stock were exchanged, compared to its average volume of 11,800. Oxbridge Re has a 12 month low of $0.08 and a 12 month high of $0.74. The firm has a 50-day simple moving average of $0.16 and a 200-day simple moving average of $0.28.
About Oxbridge Re
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. In addition, the company offers fractional aircraft ownership, jet card, aircraft brokerage, and charter service through its fleet of private aircraft.
Recommended Stories
- Five stocks we like better than Oxbridge Re
- America’s 1776 happening again
- 3 Signs You May Want to Switch Financial Advisors
- I’m 70 With $1.5M: Would Converting $120K a Year to a Roth Be Smart or a Costly Mistake? (Ask An Advisor)
- ATCX is Sitting on One of Brazil’s Largest Critical Minerals Portfolios!
- What central banks are doing with gold right now