Hiscox Ltd (OTCMKTS:HCXLF – Get Free Report) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 376,870 shares, a growth of 56.7% from the November 30th total of 240,501 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ? days. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ? days.
Hiscox Stock Performance
Shares of HCXLF opened at $17.59 on Tuesday. The stock’s 50-day moving average is $18.02 and its two-hundred day moving average is $17.53. Hiscox has a 12 month low of $13.00 and a 12 month high of $18.42.
Analyst Upgrades and Downgrades
Separately, Royal Bank Of Canada upgraded Hiscox from a “sector perform” rating to an “outperform” rating in a report on Monday, October 13th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.
About Hiscox
Hiscox Ltd is an internationally focused specialist insurer that provides a broad range of property and casualty insurance products to both personal and commercial clients. Through its retail division, the company offers high-net-worth home and art insurance, professional indemnity, cyber liability, and small business solutions. Hiscox also operates a Lloyd’s syndicate to underwrite specialty lines such as kidnap and ransom, marine, and political risk, and maintains a reinsurance and ILS (insurance-linked securities) business based in Bermuda.
The company’s product suite for private clients includes tailored coverage for fine art, collectibles, home contents, and motor vehicles, while its commercial arm serves niche sectors such as technology, media, healthcare, and financial institutions.
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