Hiscox Ltd (OTCMKTS:HCXLF) Sees Large Drop in Short Interest

Hiscox Ltd (OTCMKTS:HCXLF) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 37,600 shares, a decline of 59.6% from the February 28th total of 93,000 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 376.0 days.

Hiscox Stock Performance

HCXLF stock remained flat at $14.78 during trading on Friday. Hiscox has a twelve month low of $13.00 and a twelve month high of $16.90. The firm’s fifty day simple moving average is $13.76 and its two-hundred day simple moving average is $14.18.

Hiscox Company Profile

Hiscox Ltd, through its subsidiaries, provides insurance and reinsurance services in the United Kingdom, Europe, the United States, and internationally. The company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. It offers commercial insurance for small-and medium-sized businesses; and personal lines cover, including high-value household, fine art, and luxury motor, as well as artwork, antiques, classic cars, jewelry, collectables, and other assets through brokers, partners, and direct-to-consumers.