Oxbridge Re Holdings Limited (NASDAQ:OXBR) Sees Large Drop in Short Interest

Oxbridge Re Holdings Limited (NASDAQ:OXBR) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 41,747 shares, a drop of 63.2% from the August 15th total of 113,543 shares. Based on an average daily volume of 9,235 shares, the short-interest ratio is currently 4.5 days. Approximately 0.6% of the company’s stock are short sold.

Analyst Ratings Changes

OXBR has been the subject of a number of research analyst reports. Zacks Research lowered shares of Oxbridge Re from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 18th. Weiss Ratings raised Oxbridge Re from a “sell (d-)” rating to a “sell (d+)” rating in a report on Friday, August 14th. Finally, Maxim Group decreased their price target on shares of Oxbridge Re from $5.00 to $3.00 and set a “buy” rating on the stock in a research note on Tuesday, June 16th. One investment analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $3.00.

Oxbridge Re Stock Up 12.9%

OXBR stock traded up $0.18 during midday trading on Friday, reaching $1.57. The stock had a trading volume of 74,491 shares, compared to its average volume of 23,889. The firm has a market cap of $12.78 million, a price-to-earnings ratio of 78.54 and a beta of 1.97. Oxbridge Re has a twelve month low of $0.66 and a twelve month high of $2.86. The business has a fifty day simple moving average of $1.42 and a two-hundred day simple moving average of $1.11.

Oxbridge Re (NASDAQ:OXBR) last released its quarterly earnings data on Thursday, August 13th. The insurance provider reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.01). The business had revenue of $0.94 million for the quarter, compared to the consensus estimate of $1.10 million. Oxbridge Re had a net margin of 4.71% and a return on equity of 2.14%. On average, equities analysts predict that Oxbridge Re will post -0.08 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Oxbridge Re

Several institutional investors and hedge funds have recently bought and sold shares of the company. Virtu Financial LLC acquired a new stake in Oxbridge Re in the third quarter valued at about $32,000. International Assets Investment Management LLC acquired a new position in Oxbridge Re during the 4th quarter worth approximately $39,000. Citadel Advisors LLC bought a new position in Oxbridge Re in the 2nd quarter valued at approximately $68,000. Finally, J.W. Cole Advisors Inc. lifted its stake in Oxbridge Re by 106.1% in the 4th quarter. J.W. Cole Advisors Inc. now owns 68,000 shares of the insurance provider’s stock valued at $90,000 after purchasing an additional 35,000 shares during the last quarter. 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.