Short Interest in Oxbridge Re Holdings Limited (NASDAQ:OXBRW) Drops By 44.7%

Oxbridge Re Holdings Limited (NASDAQ:OXBRW) was the recipient of a large drop in short interest in May. As of May 31st, there was short interest totalling 4,200 shares, a drop of 44.7% from the May 15th total of 7,600 shares. Based on an average trading volume of 3,200 shares, the days-to-cover ratio is presently 1.3 days.

Oxbridge Re Stock Up 6.7%

Shares of OXBRW traded up $0.02 during midday trading on Monday, reaching $0.32. 2,000 shares of the stock were exchanged, compared to its average volume of 7,366. Oxbridge Re has a twelve month low of $0.10 and a twelve month high of $0.90. The business’s 50-day moving average price is $0.42 and its 200 day moving average price is $0.50.

About Oxbridge Re

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.