Short Interest in Hiscox Ltd (OTCMKTS:HCXLF) Rises By 36.4%

Hiscox Ltd (OTCMKTS:HCXLF) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 759,080 shares, an increase of 36.4% from the January 29th total of 556,314 shares. Based on an average daily trading volume, of 163 shares, the short-interest ratio is currently 4,656.9 days. Based on an average daily trading volume, of 163 shares, the short-interest ratio is currently 4,656.9 days.

Hiscox Price Performance

Shares of OTCMKTS:HCXLF remained flat at $20.33 during trading on Monday. The stock has a 50-day simple moving average of $18.63 and a 200 day simple moving average of $17.98. Hiscox has a 12 month low of $13.00 and a 12 month high of $20.33.

About Hiscox

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.