Short Interest in Oxbridge Re Holdings Limited (NASDAQ:OXBR) Rises By 343.9%

Oxbridge Re Holdings Limited (NASDAQ:OXBR) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 113,543 shares, a growth of 343.9% from the July 30th total of 25,578 shares. Based on an average daily volume of 141,285 shares, the days-to-cover ratio is currently 0.8 days. Approximately 1.7% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Maxim Group lowered their target price on shares of Oxbridge Re from $5.00 to $3.00 and set a “buy” rating for the company in a research note on Tuesday, June 16th. Zacks Research downgraded Oxbridge Re from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 18th. Finally, Weiss Ratings upgraded shares of Oxbridge Re from a “sell (d-)” rating to a “sell (d+)” rating in a report on Friday, August 14th. One analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $3.00.

Hedge Funds Weigh In On Oxbridge Re

Institutional investors and hedge funds have recently made changes to their positions in the stock. Virtu Financial LLC purchased a new position in Oxbridge Re in the 3rd quarter valued at approximately $32,000. International Assets Investment Management LLC acquired a new position in Oxbridge Re in the 4th quarter valued at about $39,000. Finally, J.W. Cole Advisors Inc. lifted its stake in shares of 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 buying an additional 35,000 shares during the period. 5.64% of the stock is owned by institutional investors and hedge funds.

Oxbridge Re Price Performance

Shares of OXBR stock traded down $0.01 during trading hours on Wednesday, hitting $1.28. The stock had a trading volume of 301 shares, compared to its average volume of 287,840. Oxbridge Re has a twelve month low of $0.66 and a twelve month high of $2.86. The firm has a market capitalization of $10.46 million, a PE ratio of 64.28 and a beta of 1.94. The stock’s 50 day moving average is $1.34 and its 200 day moving average is $1.08.

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

About Oxbridge Re

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.