Oxbridge Re Holdings Limited (NASDAQ:OXBRW) Sees Large Decline in Short Interest

Oxbridge Re Holdings Limited (NASDAQ:OXBRW) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 7,500 shares, a drop of 15.7% from the February 28th total of 8,900 shares. Based on an average daily trading volume, of 9,100 shares, the short-interest ratio is currently 0.8 days.

Oxbridge Re Stock Performance

Shares of NASDAQ OXBRW traded up $0.04 during midday trading on Wednesday, hitting $0.42. 1,208 shares of the company’s stock were exchanged, compared to its average volume of 10,574. Oxbridge Re has a 12 month low of $0.03 and a 12 month high of $0.90. The company’s 50 day moving average price is $0.63 and its 200 day moving average price is $0.40.

Oxbridge Re Company Profile

Oxbridge Re Holdings Limited, through its subsidiaries, provides specialty property and casualty reinsurance solutions. The company underwrites collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States. It also issues reinsurance contracts through digital securities by blockchain technology.