Short Interest in Oxbridge Re Holdings Limited (NASDAQ:OXBR) Grows By 180.0%

Oxbridge Re Holdings Limited (NASDAQ:OXBR) saw a significant growth in short interest in the month of 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. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 11,800 shares, the short-interest ratio is currently 0.5 days.

Oxbridge Re Trading Down 0.9 %

Shares of Oxbridge Re stock traded down $0.01 on Friday, hitting $1.05. 918 shares of the company traded hands, compared to its average volume of 6,959. 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 P/E ratio of -0.62 and a beta of 0.86. The firm’s 50-day simple moving average is $1.03 and its 200 day simple moving average is $1.10.

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

Wall Street Analyst Weigh In

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

About Oxbridge Re

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.