Orion180 Insurance Group Inc. (NASDAQ:OIG) Stock Short Interest Report for September

Orion180 Insurance Group Inc. (NASDAQ:OIG) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 642,803 shares. Based on an average trading volume of 898,165 shares, the short-interest ratio is presently 0.7 days. Currently, 0.7% of the company’s shares are short sold.

Orion180 Insurance Group Stock Up 0.2%

NASDAQ:OIG traded up $0.02 during mid-day trading on Wednesday, reaching $9.06. The company’s stock had a trading volume of 164,638 shares, compared to its average volume of 544,146. Orion180 Insurance Group has a 1 year low of $7.78 and a 1 year high of $12.06.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Wall Street Zen upgraded shares of Orion180 Insurance Group to a “hold” rating in a research note on Saturday, September 26th. Citizens Jmp began coverage on Orion180 Insurance Group in a research note on Tuesday. They issued a “market outperform” rating and a $20.00 price objective on the stock. UBS Group began coverage on Orion180 Insurance Group in a research note on Tuesday. They issued a “buy” rating and a $14.00 price objective on the stock. Royal Bank Of Canada started coverage on Orion180 Insurance Group in a report on Tuesday. They set an “outperform” rating and a $15.00 price objective on the stock. Finally, Raymond James Financial began coverage on Orion180 Insurance Group in a research report on Tuesday. They set a “market perform” rating for the company. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Orion180 Insurance Group presently has an average rating of “Buy” and an average price target of $14.98.

About Orion180 Insurance Group

Orion180 Insurance Group, Inc is a technology-enabled property and casualty insurance company focused primarily on residential property coverage. Through its insurance subsidiaries, the company provides products designed to protect homeowners and other residential property owners against covered property damage and related risks.

The company uses proprietary technology and data-driven underwriting tools to support policy distribution, risk assessment, claims management and customer service.