Oxbridge Re Holdings Limited (NASDAQ:OXBRW) Sees Significant Decline in Short Interest

Oxbridge Re Holdings Limited (NASDAQ:OXBRW) was the target of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 17,500 shares, a decrease of 51.0% from the January 15th total of 35,700 shares. Based on an average daily volume of 7,400 shares, the days-to-cover ratio is presently 2.4 days.

Oxbridge Re Trading Up 5.8 %

OXBRW stock traded up $0.04 during mid-day trading on Thursday, hitting $0.73. 12,021 shares of the company were exchanged, compared to its average volume of 9,131. Oxbridge Re has a 12-month low of $0.03 and a 12-month high of $0.75. The business has a fifty day simple moving average of $0.54 and a 200-day simple moving average of $0.29.

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.