Oxbridge Re Holdings Limited (NASDAQ:OXBR) Sees Large Decline in Short Interest

Oxbridge Re Holdings Limited (NASDAQ:OXBR) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 6,687 shares, a decline of 72.5% from the June 30th total of 24,328 shares. Based on an average trading volume of 76,661 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Oxbridge Re Stock Up 2.9%

Shares of OXBR traded up $0.05 during trading hours on Tuesday, hitting $1.62. The company had a trading volume of 3,746 shares, compared to its average volume of 319,223. The stock has a market capitalization of $13.09 million, a price-to-earnings ratio of -6.47 and a beta of 2.01. The company has a debt-to-equity ratio of 0.16, a quick ratio of 8.15 and a current ratio of 8.15. Oxbridge Re has a 52-week low of $0.66 and a 52-week high of $2.86. The firm has a fifty day moving average price of $1.17 and a 200-day moving average price of $1.06.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Zacks Research upgraded shares of Oxbridge Re to a “hold” rating in a report on Wednesday, June 17th. Maxim Group dropped their price target on Oxbridge Re from $5.00 to $3.00 and set a “buy” rating on the stock in a research report on Tuesday, June 16th. Finally, Weiss Ratings downgraded Oxbridge Re from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, July 10th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $3.00.

Institutional Trading of Oxbridge Re

Several institutional investors have recently added to or reduced their stakes in OXBR. Virtu Financial LLC bought a new stake in shares of Oxbridge Re in the 3rd quarter worth $32,000. International Assets Investment Management LLC bought a new position in shares of Oxbridge Re during the fourth quarter valued at $39,000. Finally, J.W. Cole Advisors Inc. lifted its holdings in shares of Oxbridge Re by 106.1% during the fourth quarter. J.W. Cole Advisors Inc. now owns 68,000 shares of the insurance provider’s stock valued at $90,000 after purchasing an additional 35,000 shares in the last quarter. 5.64% of the stock is currently owned by hedge funds and other institutional investors.

Oxbridge Re Company Profile

Oxbridge Re Holdings Limited (NASDAQ: OXBR) is a reinsurance holding company that provides capital solutions and risk-sharing arrangements to insurance carriers. Its core business centers on offering treaty reinsurance and structured transactions designed to help insurers manage underwriting exposures and optimize their capital efficiency. By leveraging tailored financing structures, Oxbridge Re enables clients to transfer segments of their in-force life and health insurance portfolios, freeing up capital for growth or other strategic initiatives.

The company’s products and services include quota share reinsurance, coinsurance, and loss portfolio transfers, each crafted to address specific balance sheet and earnings targets of cedents.