Oxbridge Re Holdings Limited (NASDAQ:OXBR) Short Interest Down 72.5% in July

Oxbridge Re Holdings Limited (NASDAQ:OXBR) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 6,687 shares, a drop of 72.5% from the June 30th total of 24,328 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 76,661 shares, the days-to-cover ratio is currently 0.1 days.

Oxbridge Re Trading Up 3.3%

Oxbridge Re stock traded up $0.05 during mid-day trading on Friday, reaching $1.57. 5,094 shares of the company traded hands, compared to its average volume of 52,512. 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 52-week low of $0.66 and a 52-week high of $2.86. The firm has a market capitalization of $12.72 million, a price-to-earnings ratio of -6.28 and a beta of 2.01. The firm’s 50 day moving average price is $1.15 and its 200 day moving average price is $1.06.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on OXBR. Weiss Ratings downgraded Oxbridge Re from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, July 10th. Maxim Group dropped their price objective on Oxbridge Re from $5.00 to $3.00 and set a “buy” rating for the company in a report on Tuesday, June 16th. Finally, Zacks Research upgraded Oxbridge Re to a “hold” rating in a research report on Wednesday, June 17th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $3.00.

Institutional Investors Weigh In On Oxbridge Re

A number of large investors have recently modified their holdings of the stock. Virtu Financial LLC purchased a new position in shares of Oxbridge Re during the third quarter valued at about $32,000. International Assets Investment Management LLC purchased a new stake in Oxbridge Re in the fourth quarter worth about $39,000. Finally, J.W. Cole Advisors Inc. lifted its holdings in Oxbridge Re by 106.1% in the fourth quarter. J.W. Cole Advisors Inc. now owns 68,000 shares of the insurance provider’s stock worth $90,000 after buying an additional 35,000 shares during the period. Institutional investors own 5.64% of the company’s stock.

Oxbridge Re Company Profile

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.