Oxbridge Re Holdings Limited (NASDAQ:OXBR) Sees Significant Increase in Short Interest

Oxbridge Re Holdings Limited (NASDAQ:OXBRGet Free Report) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 11,062 shares, an increase of 21.5% from the January 29th total of 9,101 shares. Based on an average daily trading volume, of 14,879 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 14,879 shares, the days-to-cover ratio is currently 0.7 days.

Oxbridge Re Price Performance

NASDAQ:OXBR opened at $1.00 on Thursday. The stock has a market cap of $7.68 million, a PE ratio of -2.94 and a beta of 2.27. Oxbridge Re has a fifty-two week low of $0.99 and a fifty-two week high of $3.68. The stock’s 50-day moving average is $1.17 and its two-hundred day moving average is $1.51.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Oxbridge Re in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $5.00.

Check Out Our Latest Report on Oxbridge Re

Institutional Investors Weigh In On Oxbridge Re

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. J.W. Cole Advisors Inc. increased its position in Oxbridge Re by 106.1% during the fourth quarter. J.W. Cole Advisors Inc. now owns 68,000 shares of the insurance provider’s stock worth $90,000 after buying an additional 35,000 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of Oxbridge Re during the 4th quarter worth about $39,000. Henrickson Nauta Wealth Advisors Inc. increased its holdings in shares of Oxbridge Re by 100.0% during the 4th quarter. Henrickson Nauta Wealth Advisors Inc. now owns 137,400 shares of the insurance provider’s stock valued at $185,000 after acquiring an additional 68,700 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Oxbridge Re during the 3rd quarter valued at about $32,000. Hedge funds and other institutional investors own 5.64% of the company’s stock.

About Oxbridge Re

(Get Free Report)

Oxbridge Re Holdings Limited (NASDAQ: OXBR) is a reinsurance holding company that provides capital solutions and risk-sharing arrangements to insurance carriers. Its core business centers on offering treaty reinsurance and structured transactions designed to help insurers manage underwriting exposures and optimize their capital efficiency. By leveraging tailored financing structures, Oxbridge Re enables clients to transfer segments of their in-force life and health insurance portfolios, freeing up capital for growth or other strategic initiatives.

The company’s products and services include quota share reinsurance, coinsurance, and loss portfolio transfers, each crafted to address specific balance sheet and earnings targets of cedents.

See Also

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.