Oxbridge Re Holdings Limited (NASDAQ:OXBR) Short Interest Update

Oxbridge Re Holdings Limited (NASDAQ:OXBR) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 22,500 shares, a decrease of 54.6% from the January 31st total of 49,600 shares. Based on an average daily volume of 37,100 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.5% of the shares of the company are sold short.

Oxbridge Re Stock Performance

Shares of NASDAQ:OXBR traded up $0.10 during trading on Friday, reaching $3.62. The company had a trading volume of 11,603 shares, compared to its average volume of 34,359. The firm’s fifty day moving average is $4.36 and its 200 day moving average is $3.32. The firm has a market capitalization of $21.85 million, a PE ratio of -4.31 and a beta of 0.94. Oxbridge Re has a twelve month low of $0.87 and a twelve month high of $5.81.

Hedge Funds Weigh In On Oxbridge Re

A number of institutional investors and hedge funds have recently added to or reduced their stakes in OXBR. Renaissance Technologies LLC bought a new stake in shares of Oxbridge Re in the 4th quarter worth $52,000. Henrickson Nauta Wealth Advisors Inc. lifted its holdings in shares of Oxbridge Re by 26.7% in the fourth quarter. Henrickson Nauta Wealth Advisors Inc. now owns 59,300 shares of the insurance provider’s stock valued at $244,000 after buying an additional 12,500 shares during the period. LPL Financial LLC acquired a new stake in shares of Oxbridge Re in the fourth quarter valued at $415,000. Finally, Geode Capital Management LLC lifted its holdings in shares of Oxbridge Re by 3.3% in the third quarter. Geode Capital Management LLC now owns 129,294 shares of the insurance provider’s stock valued at $359,000 after buying an additional 4,141 shares during the period. 5.64% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Oxbridge Re in a research note on Tuesday. They set a “hold” rating on the stock.

Oxbridge Re Company Profile

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.