Oxbridge Re Holdings Limited (NASDAQ:OXBR) Short Interest Update

Oxbridge Re Holdings Limited (NASDAQ:OXBRGet Free Report) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 25,578 shares, a growth of 282.5% from the July 15th total of 6,687 shares. Based on an average trading volume of 26,904 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.4% of the company’s stock are sold short.

Analysts Set New Price Targets

Several brokerages have weighed in on OXBR. Zacks Research raised Oxbridge Re to a “hold” rating in a research report on Wednesday, June 17th. Maxim Group dropped their target price on shares of Oxbridge Re from $5.00 to $3.00 and set a “buy” rating on the stock in a report on Tuesday, June 16th. Finally, Weiss Ratings upgraded Oxbridge Re from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, July 28th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $3.00.

Get Our Latest Research Report on Oxbridge Re

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Virtu Financial LLC acquired a new position in Oxbridge Re during the 3rd quarter worth $32,000. International Assets Investment Management LLC bought a new position in Oxbridge Re during the fourth quarter worth about $39,000. Finally, J.W. Cole Advisors Inc. grew its holdings in Oxbridge Re by 106.1% during the fourth 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 period. Institutional investors and hedge funds own 5.64% of the company’s stock.

Oxbridge Re Stock Up 17.7%

Shares of OXBR opened at $1.53 on Friday. The company has a 50-day moving average price of $1.28 and a two-hundred day moving average price of $1.07. The company has a quick ratio of 8.15, a current ratio of 8.15 and a debt-to-equity ratio of 0.16. The stock has a market cap of $12.39 million, a price-to-earnings ratio of 76.54 and a beta of 1.94. Oxbridge Re has a 12 month low of $0.66 and a 12 month high of $2.86.

Oxbridge Re (NASDAQ:OXBRGet Free Report) last announced its quarterly earnings results on Thursday, August 13th. The insurance provider reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). Oxbridge Re had a net margin of 4.71% and a return on equity of 2.22%. The company had revenue of $0.94 million during the quarter, compared to the consensus estimate of $1.10 million. Equities analysts predict that Oxbridge Re will post -0.04 EPS for the current fiscal year.

Oxbridge Re Company Profile

(Get Free Report)

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.

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