Oxbridge Re Holdings Limited (NASDAQ:OXBR) Short Interest Update

Oxbridge Re Holdings Limited (NASDAQ:OXBR) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 5,600 shares, a growth of 180.0% from the March 31st total of 2,000 shares. Based on an average trading volume of 11,800 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are short sold.

Oxbridge Re Stock Performance

Shares of Oxbridge Re stock traded down $0.01 during trading hours on Friday, hitting $1.05. The company’s stock had a trading volume of 918 shares, compared to its average volume of 6,959. The business has a 50 day moving average price of $1.03 and a two-hundred day moving average price of $1.10. Oxbridge Re has a 12-month low of $0.87 and a 12-month high of $2.03. The company has a market cap of $6.16 million, a PE ratio of -0.62 and a beta of 0.86.

Oxbridge Re (NASDAQ:OXBR) last posted its earnings results on Tuesday, March 26th. The insurance provider reported ($0.46) EPS for the quarter. The company had revenue of ($1.91) million during the quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Oxbridge Re in a research report on Saturday. They issued a “hold” rating on the stock.

Oxbridge Re Company Profile

Oxbridge Re Holdings Limited, through its subsidiaries, provides specialty property and casualty reinsurance solutions. The company underwrites collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States. It also issues reinsurance contracts through digital securities by blockchain technology.