Oxbridge Re Holdings Limited (NASDAQ:OXBR – Get Free Report) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 62,697 shares, a decline of 49.5% from the May 14th total of 124,103 shares. Based on an average daily volume of 16,043 shares, the short-interest ratio is presently 3.9 days. Approximately 0.9% of the shares of the company are sold short.
Hedge Funds Weigh In On Oxbridge Re
Several institutional investors have recently added to or reduced their stakes in OXBR. Virtu Financial LLC acquired a new position in Oxbridge Re in the 3rd quarter valued at about $32,000. International Assets Investment Management LLC acquired a new position in Oxbridge Re in the 4th quarter valued at about $39,000. J.W. Cole Advisors Inc. acquired a new position in Oxbridge Re in the 3rd quarter valued at about $59,000. Finally, Henrickson Nauta Wealth Advisors Inc. increased its position in Oxbridge Re by 100.0% in the 4th quarter. Henrickson Nauta Wealth Advisors Inc. now owns 137,400 shares of the insurance provider’s stock valued at $185,000 after acquiring an additional 68,700 shares during the period. Institutional investors and hedge funds own 5.64% of the company’s stock.
Analysts Set New Price Targets
Separately, Weiss Ratings cut Oxbridge Re from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.
Oxbridge Re Stock Performance
Shares of OXBR traded down $0.05 during midday trading on Monday, reaching $0.91. 68,042 shares of the stock were exchanged, compared to its average volume of 172,440. The business’s 50-day moving average price is $0.90 and its 200 day moving average price is $1.06. The company has a debt-to-equity ratio of 0.16, a current ratio of 8.15 and a quick ratio of 8.15. Oxbridge Re has a twelve month low of $0.66 and a twelve month high of $2.86. The company has a market capitalization of $7.37 million, a price-to-earnings ratio of -3.64 and a beta of 2.02.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last posted its earnings results on Saturday, February 14th. The insurance provider reported $0.02 EPS for the quarter. Oxbridge Re had a negative return on equity of 33.33% and a negative net margin of 76.47%.The business had revenue of $0.58 million for the quarter.
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.
Read More
- Five stocks we like better than Oxbridge Re
- These 5 Companies Just Made a Massive Bet on Themselves
- 5 Stocks Built to Thrive in a Higher-for-Longer Economy
- RH’s Strong Q1 Still Leaves Investors With One Big Question
- Iran Ceasefire or Not, These 3 Companies Could Win
Receive News & Ratings for Oxbridge Re Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxbridge Re and related companies with MarketBeat.com's FREE daily email newsletter.
