Lancashire Holdings Limited (OTCMKTS:LCSHF) Sees Large Drop in Short Interest

Lancashire Holdings Limited (OTCMKTS:LCSHF) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 571 shares, a drop of 77.4% from the May 14th total of 2,529 shares. Based on an average trading volume of 267 shares, the short-interest ratio is currently 2.1 days.

Lancashire Price Performance

LCSHF stock remained flat at $8.14 during midday trading on Thursday. The company had a trading volume of 5,000 shares, compared to its average volume of 2,215. The firm has a 50-day simple moving average of $7.76 and a two-hundred day simple moving average of $8.14. Lancashire has a one year low of $7.38 and a one year high of $9.35.

About Lancashire

Lancashire Holdings Limited, trading on the OTC Markets under the symbol LCSHF, is a Bermuda‐based specialty insurer and reinsurer offering tailored risk solutions across property, energy, marine and aviation lines. Operating through both insurance and reinsurance platforms, Lancashire provides coverage for complex and large-scale risks, including natural catastrophe exposures, oil and gas liabilities, cargo and hull exposures, as well as structured risk products. The company’s underwriting model emphasizes discipline, diversification and detailed risk assessment to deliver customized programs for brokers, corporate clients and other insurers.

Since its establishment in 2005, Lancashire has built a global footprint with its main underwriting operations based in Hamilton, Bermuda, and key offices in London and Singapore.