Lancashire Holdings Limited (OTCMKTS:LCSHF) Stock Short Interest Falls 96.3%

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

Lancashire Price Performance

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

Analyst Upgrades and Downgrades

Separately, Barclays cut Lancashire from an “equal weight” rating to an “underweight” rating in a research note on Friday, October 23rd. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

About Lancashire

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.