Oxbridge Re Holdings Limited (NASDAQ:OXBR – Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 62,697 shares, a decrease of 49.5% from the May 14th total of 124,103 shares. Based on an average trading volume of 16,043 shares, the short-interest ratio is currently 3.9 days. Approximately 0.9% of the company’s shares are short sold.
Institutional Trading of Oxbridge Re
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Virtu Financial LLC purchased a new stake in Oxbridge Re in the third quarter valued at approximately $32,000. International Assets Investment Management LLC raised its position in Oxbridge Re by 61.2% in the first quarter. International Assets Investment Management LLC now owns 48,000 shares of the insurance provider’s stock valued at $54,000 after purchasing an additional 18,227 shares during the period. J.W. Cole Advisors Inc. purchased a new stake in Oxbridge Re in the third quarter valued at approximately $59,000. Finally, Henrickson Nauta Wealth Advisors Inc. raised its position in Oxbridge Re by 100.0% in the fourth quarter. Henrickson Nauta Wealth Advisors Inc. now owns 137,400 shares of the insurance provider’s stock valued at $185,000 after purchasing an additional 68,700 shares during the period. Hedge funds and other institutional investors own 5.64% of the company’s stock.
Oxbridge Re Trading Up 9.9%
OXBR opened at $0.96 on Friday. Oxbridge Re has a one year low of $0.66 and a one year high of $2.86. The stock has a market capitalization of $7.79 million, a PE ratio of -3.85 and a beta of 2.02. The business’s 50 day moving average price is $0.89 and its 200 day moving average price is $1.07. The company has a debt-to-equity ratio of 0.16, a quick ratio of 8.15 and a current ratio of 8.15.
Analysts Set New Price Targets
Separately, Weiss Ratings cut Oxbridge Re from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, June 3rd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.
Get Our Latest Analysis on Oxbridge Re
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.
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