Hiscox Ltd (OTCMKTS:HCXLF) Short Interest Update

Hiscox Ltd (OTCMKTS:HCXLF) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 473,585 shares, a growth of 25.7% from the December 15th total of 376,870 shares. Based on an average trading volume of 909 shares, the short-interest ratio is currently 521.0 days. Based on an average trading volume of 909 shares, the short-interest ratio is currently 521.0 days.

Hiscox Stock Performance

OTCMKTS:HCXLF opened at $17.59 on Friday. The firm has a 50-day simple moving average of $17.78 and a two-hundred day simple moving average of $17.49. Hiscox has a fifty-two week low of $13.00 and a fifty-two week high of $18.42.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada upgraded Hiscox from a “sector perform” rating to an “outperform” rating in a research report on Monday, October 13th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Hiscox presently has a consensus rating of “Buy”.

Hiscox Company Profile

Hiscox Ltd is an internationally focused specialist insurer that provides a broad range of property and casualty insurance products to both personal and commercial clients. Through its retail division, the company offers high-net-worth home and art insurance, professional indemnity, cyber liability, and small business solutions. Hiscox also operates a Lloyd’s syndicate to underwrite specialty lines such as kidnap and ransom, marine, and political risk, and maintains a reinsurance and ILS (insurance-linked securities) business based in Bermuda.

The company’s product suite for private clients includes tailored coverage for fine art, collectibles, home contents, and motor vehicles, while its commercial arm serves niche sectors such as technology, media, healthcare, and financial institutions.