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

Oxbridge Re Holdings Limited (NASDAQ:OXBRGet Free Report) saw a significant drop in short interest in February. As of February 27th, there was short interest totaling 7,923 shares, a drop of 28.4% from the February 12th total of 11,062 shares. Based on an average daily volume of 7,271 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 7,271 shares, the days-to-cover ratio is currently 1.1 days.

Wall Street Analysts Forecast Growth

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

Read Our Latest Report on OXBR

Oxbridge Re Trading Down 8.5%

Shares of Oxbridge Re stock traded down $0.07 on Friday, hitting $0.79. The stock had a trading volume of 19,392 shares, compared to its average volume of 10,712. The stock has a market cap of $6.04 million, a price-to-earnings ratio of -2.31 and a beta of 2.27. Oxbridge Re has a 52-week low of $0.76 and a 52-week high of $2.94. The company’s 50 day moving average price is $1.12 and its 200 day moving average price is $1.47.

Hedge Funds Weigh In On Oxbridge Re

A number of hedge funds have recently modified their holdings of OXBR. Virtu Financial LLC acquired a new position in shares of Oxbridge Re in the 3rd quarter valued at $32,000. J.W. Cole Advisors Inc. raised its position in Oxbridge Re by 106.1% in the 4th quarter. J.W. Cole Advisors Inc. now owns 68,000 shares of the insurance provider’s stock valued at $90,000 after purchasing an additional 35,000 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in Oxbridge Re during the 4th quarter worth $39,000. Finally, Henrickson Nauta Wealth Advisors Inc. grew its position in 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 worth $185,000 after purchasing an additional 68,700 shares during the last quarter. 5.64% of the stock is currently owned by hedge funds and other institutional investors.

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.

Featured Stories

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.