Oxbridge Re Holdings Limited (NASDAQ:OXBR) Sees Large Decline in Short Interest

Oxbridge Re Holdings Limited (NASDAQ:OXBR) saw a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 62,697 shares, a decrease of 49.5% from the May 14th total of 124,103 shares. Based on an average daily volume of 16,043 shares, the days-to-cover ratio is currently 3.9 days. Approximately 0.9% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of Oxbridge Re from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Oxbridge Re currently has an average rating of “Sell”.

Oxbridge Re Stock Up 9.9%

NASDAQ:OXBR traded up $0.09 during trading hours on Friday, hitting $0.96. The company’s stock had a trading volume of 190,629 shares, compared to its average volume of 163,448. The stock has a market capitalization of $7.79 million, a P/E ratio of -3.85 and a beta of 2.02. The stock has a fifty day moving average of $0.89 and a 200-day moving average of $1.07. The company has a current ratio of 8.15, a quick ratio of 8.15 and a debt-to-equity ratio of 0.16. Oxbridge Re has a 52-week low of $0.66 and a 52-week high of $2.86.

Oxbridge Re (NASDAQ:OXBR) last announced its quarterly earnings results on Saturday, February 14th. The insurance provider reported $0.02 earnings per share (EPS) for the quarter. Oxbridge Re had a negative return on equity of 33.33% and a negative net margin of 76.47%.The company had revenue of $0.58 million during the quarter.

Hedge Funds Weigh In On Oxbridge Re

Hedge funds have recently added to or reduced their stakes in the stock. J.W. Cole Advisors Inc. acquired a new stake in Oxbridge Re during the third quarter worth approximately $59,000. Virtu Financial LLC acquired a new position in shares of Oxbridge Re in the 3rd quarter valued at $32,000. Henrickson Nauta Wealth Advisors Inc. grew its position in shares of Oxbridge Re by 100.0% in the 4th quarter. Henrickson Nauta Wealth Advisors Inc. now owns 137,400 shares of the insurance provider’s stock valued at $185,000 after buying an additional 68,700 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of Oxbridge Re in the 4th quarter valued at $39,000. 5.64% of the stock is currently owned by hedge funds and other institutional investors.

Oxbridge Re Company Profile

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.