Short Interest in Oxbridge Re Holdings Limited (NASDAQ:OXBRW) Drops By 44.7%

Oxbridge Re Holdings Limited (NASDAQ:OXBRW) was the recipient of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 4,200 shares, a decrease of 44.7% from the May 15th total of 7,600 shares. Based on an average daily trading volume, of 3,200 shares, the days-to-cover ratio is currently 1.3 days.

Oxbridge Re Stock Up 6.7%

Shares of Oxbridge Re stock traded up $0.02 on Tuesday, reaching $0.32. The company’s stock had a trading volume of 2,000 shares, compared to its average volume of 7,366. Oxbridge Re has a 52 week low of $0.10 and a 52 week high of $0.90. The firm’s fifty day simple moving average is $0.42 and its two-hundred day simple moving average is $0.50.

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.