Lancashire Holdings Limited (OTCMKTS:LCSHF) Shares Shorted: Short Interest Down 96.3% in October

Lancashire Holdings Limited (OTCMKTS:LCSHF) was the recipient of a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 58 shares, a decline of 96.3% from the October 15th total of 1,580 shares. Based on an average daily volume of 33 shares, the days-to-cover ratio is presently 1.8 days.

Analyst Upgrades and Downgrades

Separately, Barclays downgraded Lancashire from an “equal weight” rating to an “underweight” rating in a research report on Friday, October 23rd. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company presently has an average rating of “Sell”.

Lancashire Price Performance

Shares of LCSHF stock remained flat at $9.24 during trading hours on Tuesday. Lancashire has a 52-week low of $7.38 and a 52-week high of $9.35. The company has a 50 day moving average price of $8.75 and a 200-day moving average price of $8.35.

Lancashire Company Profile

Lancashire Holdings Limited is a specialty insurance and reinsurance group headquartered in Bermuda. The company provides coverage for complex and often high-severity risks that may not be fully served by the standard insurance market. Its principal business activities include underwriting property, energy, marine, aviation, and specialty insurance, along with related reinsurance products. Lancashire’s offerings are designed for commercial and industrial clients, brokers, and other insurers seeking protection against risks such as natural catastrophes, major property losses, and sector-specific exposures.