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

Oxbridge Re Holdings Limited (NASDAQ:OXBRW) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 32,877 shares, a drop of 54.0% from the August 31st total of 71,547 shares. Based on an average daily volume of 4,307 shares, the short-interest ratio is presently 7.6 days.

Oxbridge Re Price Performance

NASDAQ:OXBRW traded down $0.00 during trading hours on Monday, reaching $0.16. The company’s stock had a trading volume of 382 shares, compared to its average volume of 9,273. The firm has a 50-day simple moving average of $0.12 and a 200-day simple moving average of $0.11. Oxbridge Re has a 1 year low of $0.06 and a 1 year high of $0.45.

Oxbridge Re Company Profile

Oxbridge Re Holdings Limited is a Bermuda-based specialty reinsurance holding company focused primarily on property catastrophe risks. Through its reinsurance subsidiaries, the company provides fully collateralized reinsurance coverage to insurance and other risk-bearing counterparties, generally for losses arising from events such as hurricanes and other natural catastrophes.

Oxbridge Re’s business model uses collateral, including capital supplied through investment vehicles and insurance-linked securities structures, to support reinsurance obligations.