American Overseas Group Ltd. (OTCMKTS:AOREF) Sees Significant Growth in Short Interest

American Overseas Group Ltd. (OTCMKTS:AOREF) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 1 shares. Based on an average daily volume of 4 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

American Overseas Group Price Performance

Shares of OTCMKTS:AOREF opened at $1,050.00 on Friday. The business has a 50 day moving average price of $1,042.80 and a 200 day moving average price of $1,179.16. American Overseas Group has a twelve month low of $1,000.00 and a twelve month high of $1,500.00. The company has a market cap of $52.50 million, a price-to-earnings ratio of 5.53 and a beta of 0.55.

American Overseas Group (OTCMKTS:AOREF) last released its earnings results on Wednesday, September 30th. The company reported $33.60 earnings per share (EPS) for the quarter. The firm had revenue of $17.08 million for the quarter. American Overseas Group had a return on equity of 15.69% and a net margin of 12.36%.

About American Overseas Group

American Overseas Group Ltd. is a Bermuda-based insurance holding company. Through its principal operating subsidiary, Island Heritage Insurance Company Ltd., the company focuses on providing property and casualty insurance products to customers in selected Caribbean markets.

Island Heritage’s offerings have historically included personal and commercial insurance coverage, such as automobile, homeowners, property, and other general insurance products. Its business is centered on serving individuals, businesses, and organizations exposed to risks in the Caribbean region.

American Overseas Group’s operations have been associated with markets including the Cayman Islands and other Caribbean jurisdictions.