White Mountains Insurance Group, Ltd. (NYSE:WTM) Short Interest Down 25.6% in December

White Mountains Insurance Group, Ltd. (NYSE:WTM) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 64,771 shares, a decline of 25.6% from the December 15th total of 87,076 shares. Based on an average daily volume of 18,242 shares, the short-interest ratio is currently 3.6 days. Approximately 2.6% of the shares of the company are sold short. Approximately 2.6% of the shares of the company are sold short. Based on an average daily volume of 18,242 shares, the short-interest ratio is currently 3.6 days.

White Mountains Insurance Group Price Performance

NYSE WTM traded down $3.91 during trading on Friday, hitting $2,058.01. 17,342 shares of the stock traded hands, compared to its average volume of 15,819. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.14. White Mountains Insurance Group has a 12-month low of $1,648.00 and a 12-month high of $2,143.25. The firm has a 50-day simple moving average of $2,023.49 and a 200-day simple moving average of $1,887.44. The company has a market capitalization of $5.23 billion, a P/E ratio of 37.87 and a beta of 0.35.

White Mountains Insurance Group (NYSE:WTM) last issued its quarterly earnings data on Thursday, November 6th. The insurance provider reported $72.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $57.00 by $15.21. White Mountains Insurance Group had a return on equity of 7.19% and a net margin of 5.63%.The business had revenue of $864.20 million for the quarter.

Insider Buying and Selling

In other news, Director Philip A. Gelston sold 165 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $2,048.51, for a total value of $338,004.15. Following the transaction, the director owned 1,568 shares of the company’s stock, valued at $3,212,063.68. This trade represents a 9.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On White Mountains Insurance Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Legacy Wealth Asset Management LLC raised its holdings in shares of White Mountains Insurance Group by 1.6% in the fourth quarter. Legacy Wealth Asset Management LLC now owns 313 shares of the insurance provider’s stock valued at $650,000 after acquiring an additional 5 shares in the last quarter. Wedbush Securities Inc. increased its position in White Mountains Insurance Group by 2.9% during the 2nd quarter. Wedbush Securities Inc. now owns 211 shares of the insurance provider’s stock valued at $379,000 after purchasing an additional 6 shares during the period. Steward Partners Investment Advisory LLC increased its position in White Mountains Insurance Group by 6.1% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 105 shares of the insurance provider’s stock valued at $189,000 after purchasing an additional 6 shares during the period. Bank of Nova Scotia raised its holdings in shares of White Mountains Insurance Group by 3.1% in the 3rd quarter. Bank of Nova Scotia now owns 202 shares of the insurance provider’s stock valued at $338,000 after purchasing an additional 6 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its position in shares of White Mountains Insurance Group by 3.0% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 240 shares of the insurance provider’s stock worth $401,000 after purchasing an additional 7 shares during the period. 88.65% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of White Mountains Insurance Group in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

About White Mountains Insurance Group

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange (NYSE: WTM), White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.