Orion180 Insurance Group Inc. (NASDAQ:OIG) Stock Short Interest Report for September

Orion180 Insurance Group Inc. (NASDAQ:OIG – Get Free Report) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 642,803 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 898,165 shares, the short-interest ratio is currently 0.7 days.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Raymond James Financial began coverage on Orion180 Insurance Group in a report on Tuesday. They issued a “market perform” rating on the stock. Deutsche Bank Aktiengesellschaft started coverage on Orion180 Insurance Group in a research note on Tuesday. They set a “buy” rating and a $12.90 price objective for the company. Wall Street Zen raised Orion180 Insurance Group to a “hold” rating in a research report on Saturday, September 26th. Citizens Jmp initiated coverage on Orion180 Insurance Group in a research note on Tuesday. They issued a “market outperform” rating and a $20.00 target price on the stock. Finally, Citigroup began coverage on Orion180 Insurance Group in a research note on Tuesday. They issued a “market outperform” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $14.98.

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Check Out Our Latest Analysis on OIG

Orion180 Insurance Group Stock Up 0.2%

Shares of OIG stock traded up $0.02 during trading hours on Wednesday, reaching $9.06. 164,638 shares of the company’s stock were exchanged, compared to its average volume of 544,146. Orion180 Insurance Group has a fifty-two week low of $7.78 and a fifty-two week high of $12.06.

About Orion180 Insurance Group

(Get Free Report)

Orion180 Insurance Group, Inc is a technology-enabled property and casualty insurance company focused primarily on residential property coverage. Through its insurance subsidiaries, the company provides products designed to protect homeowners and other residential property owners against covered property damage and related risks.

The company uses proprietary technology and data-driven underwriting tools to support policy distribution, risk assessment, claims management and customer service.

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