Oxbridge Re Holdings Limited (NASDAQ:OXBR) Sees Significant Increase in Short Interest

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

Oxbridge Re Stock Down 8.5%

Shares of NASDAQ:OXBR opened at $1.19 on Thursday. The company has a quick ratio of 8.15, a current ratio of 8.15 and a debt-to-equity ratio of 0.16. Oxbridge Re has a 52-week low of $0.66 and a 52-week high of $2.86. The company has a 50 day moving average of $1.26 and a two-hundred day moving average of $1.07. The company has a market capitalization of $9.64 million, a price-to-earnings ratio of -4.76 and a beta of 1.94.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in OXBR. Virtu Financial LLC purchased a new stake in Oxbridge Re during the 3rd quarter worth $32,000. International Assets Investment Management LLC purchased a new position in Oxbridge Re in the 4th quarter valued at about $39,000. Finally, J.W. Cole Advisors Inc. boosted its position in Oxbridge Re by 106.1% in the 4th 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 last quarter. 5.64% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on OXBR. Maxim Group decreased their target price on Oxbridge Re from $5.00 to $3.00 and set a “buy” rating for the company in a report on Tuesday, June 16th. Weiss Ratings upgraded shares of Oxbridge Re from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, July 28th. Finally, Zacks Research raised shares of Oxbridge Re to a “hold” rating in a research report on Wednesday, June 17th. 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $3.00.

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.