Lancashire Holdings Limited (OTCMKTS:LCSHF) Sees Large Increase in Short Interest

Lancashire Holdings Limited (OTCMKTS:LCSHF) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 1,580 shares, a growth of 2,533.3% from the September 30th total of 60 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.

Lancashire Stock Performance

Shares of OTCMKTS:LCSHF remained flat at $9.24 during trading on Monday. The firm has a fifty day simple moving average of $8.46 and a 200 day simple moving average of $8.31. Lancashire has a fifty-two week low of $7.38 and a fifty-two week high of $9.35.

Analyst Upgrades and Downgrades

Separately, Barclays cut shares of Lancashire from an “equal weight” rating to an “underweight” rating in a research note on Friday. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock presently has an average rating of “Sell”.

About Lancashire

Lancashire Holdings Limited, trading on the OTC Markets under the symbol LCSHF, is a Bermuda?based specialty insurer and reinsurer offering tailored risk solutions across property, energy, marine and aviation lines. Operating through both insurance and reinsurance platforms, Lancashire provides coverage for complex and large-scale risks, including natural catastrophe exposures, oil and gas liabilities, cargo and hull exposures, as well as structured risk products. The company’s underwriting model emphasizes discipline, diversification and detailed risk assessment to deliver customized programs for brokers, corporate clients and other insurers.

Since its establishment in 2005, Lancashire has built a global footprint with its main underwriting operations based in Hamilton, Bermuda, and key offices in London and Singapore.