Short Interest in Oxbridge Re Holdings Limited (NASDAQ:OXBRW) Drops By 61.3%

Oxbridge Re Holdings Limited (NASDAQ:OXBRW) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 8,900 shares, a decline of 61.3% from the February 13th total of 23,000 shares. Based on an average daily volume of 10,200 shares, the days-to-cover ratio is presently 0.9 days.

Oxbridge Re Price Performance

OXBRW stock remained flat at $0.46 during mid-day trading on Friday. 6 shares of the company’s stock were exchanged, compared to its average volume of 10,201. Oxbridge Re has a fifty-two week low of $0.03 and a fifty-two week high of $0.90. The company has a 50 day simple moving average of $0.66 and a 200-day simple moving average of $0.37.

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.