Oxbridge Re Holdings Limited (NASDAQ:OXBRW) Shares Shorted: Short Interest Down 54.0% in September

Oxbridge Re Holdings Limited (NASDAQ:OXBRW) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 32,877 shares, a decrease of 54.0% from the August 31st total of 71,547 shares. Based on an average daily trading volume, of 4,307 shares, the short-interest ratio is currently 7.6 days.

Oxbridge Re Price Performance

OXBRW traded down $0.00 on Tuesday, hitting $0.16. 261 shares of the company were exchanged, compared to its average volume of 9,169. The firm has a fifty day simple moving average of $0.12 and a two-hundred day simple moving average of $0.11. Oxbridge Re has a 12 month low of $0.06 and a 12 month high of $0.40.

Oxbridge Re Company Profile

Oxbridge Re Holdings Limited is a Bermuda-based specialty reinsurance holding company focused primarily on property catastrophe risks. Through its reinsurance subsidiaries, the company provides fully collateralized reinsurance coverage to insurance and other risk-bearing counterparties, generally for losses arising from events such as hurricanes and other natural catastrophes.

Oxbridge Re’s business model uses collateral, including capital supplied through investment vehicles and insurance-linked securities structures, to support reinsurance obligations.