Oxbridge Re Holdings Limited (NASDAQ:OXBRW) Sees Large Growth in Short Interest

Oxbridge Re Holdings Limited (NASDAQ:OXBRW) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 75,441 shares, a growth of 920.9% from the June 15th total of 7,390 shares. Based on an average daily volume of 26,221 shares, the short-interest ratio is currently 2.9 days.

Oxbridge Re Price Performance

OXBRW traded down $0.00 on Friday, hitting $0.15. 6,567 shares of the company were exchanged, compared to its average volume of 10,773. The firm has a fifty day simple moving average of $0.11 and a two-hundred day simple moving average of $0.12. Oxbridge Re has a 12 month low of $0.06 and a 12 month high of $0.60.

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. In addition, the company offers fractional aircraft ownership, jet card, aircraft brokerage, and charter service through its fleet of private aircraft.