Short Interest in Doma Holdings Inc. (NYSE:DOMA) Increases By 43.0%

Posted by Renee Jackson on Sep 16th, 2024

Doma Holdings Inc. (NYSE:DOMA – Get Free Report) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 104,500 shares, an increase of 43.0% from the August 15th total of 73,100 shares. Approximately 1.8% of the shares of the company are sold short. Based on an average daily trading volume, of 18,100 shares, the days-to-cover ratio is presently 5.8 days.

Doma Price Performance

Doma stock remained flat at $6.13 during trading hours on Monday. 2,985 shares of the company’s stock traded hands, compared to its average volume of 29,961. The stock has a market capitalization of $85.89 million, a PE ratio of -0.80 and a beta of 1.58. The stock has a 50 day moving average of $6.05 and a 200-day moving average of $5.82. Doma has a 1 year low of $3.86 and a 1 year high of $6.21.

Doma (NYSE:DOMA – Get Free Report) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($1.29) EPS for the quarter. Doma had a negative return on equity of 2,120.08% and a negative net margin of 28.68%. The business had revenue of $77.65 million during the quarter.

Analyst Upgrades and Downgrades

Separately, JMP Securities restated a “market perform” rating on shares of Doma in a research note on Thursday, May 23rd.

Read Our Latest Analysis on Doma

Institutional Trading of Doma

An institutional investor recently raised its position in Doma stock. Vanguard Group Inc. grew its position in Doma Holdings Inc. (NYSE:DOMA – Free Report) by 8.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 559,431 shares of the company’s stock after buying an additional 43,422 shares during the period. Vanguard Group Inc. owned approximately 4.03% of Doma worth $2,540,000 at the end of the most recent quarter. Institutional investors and hedge funds own 20.67% of the company’s stock.

Doma Company Profile

(Get Free Report)

Doma Holdings Inc issues residential and commercial title insurance for purchase and refinance transactions in the United States. It operates through two segments, Underwriting; and Corporate and Other. The company offers title insurance underwriting, including policies referred to through its third-party agents' channel; and other insurance services for the residential real estate market.