Oxbridge Re Holdings Limited (NASDAQ:OXBR) Sees Significant Drop in Short Interest

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

Hedge Funds Weigh In On Oxbridge Re

A number of institutional investors have recently bought and sold shares of the stock. Virtu Financial LLC bought a new stake in Oxbridge Re during the 3rd quarter valued at approximately $32,000. International Assets Investment Management LLC bought a new position in shares of Oxbridge Re in the 4th quarter worth approximately $39,000. Finally, J.W. Cole Advisors Inc. raised its position in shares of Oxbridge Re by 106.1% in the 4th quarter. J.W. Cole Advisors Inc. now owns 68,000 shares of the insurance provider’s stock worth $90,000 after acquiring an additional 35,000 shares in the last quarter. 5.64% of the stock is owned by institutional investors.

Oxbridge Re Price Performance

Oxbridge Re stock remained flat at $1.57 during mid-day trading on Monday. 14,874 shares of the company’s stock were exchanged, compared to its average volume of 52,223. The company has a debt-to-equity ratio of 0.16, a current ratio of 8.15 and a quick ratio of 8.15. The stock’s 50-day moving average price is $1.17 and its 200 day moving average price is $1.06. The stock has a market capitalization of $12.72 million, a price-to-earnings ratio of -6.28 and a beta of 2.01. Oxbridge Re has a fifty-two week low of $0.66 and a fifty-two week high of $2.86.

Analyst Upgrades and Downgrades

OXBR has been the subject of a number of recent analyst reports. Maxim Group lowered their price target on shares of Oxbridge Re from $5.00 to $3.00 and set a “buy” rating for the company in a report on Tuesday, June 16th. Zacks Research raised shares of Oxbridge Re to a “hold” rating in a report on Wednesday, June 17th. Finally, Weiss Ratings cut shares of Oxbridge Re from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, July 10th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $3.00.

About Oxbridge Re

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.