Doma Holdings Inc. (NYSE:DOMA) Short Interest Up 43.0% in August

Doma Holdings Inc. (NYSE:DOMA) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 104,500 shares, a growth of 43.0% from the August 15th total of 73,100 shares. Approximately 1.8% of the shares of the company are short sold. Based on an average trading volume of 18,100 shares, the days-to-cover ratio is presently 5.8 days.

Institutional Trading of Doma

An institutional investor recently raised its position in Doma stock. Vanguard Group Inc. increased its stake in Doma Holdings Inc. (NYSE:DOMA) by 8.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 559,431 shares of the company’s stock after purchasing an additional 43,422 shares during the quarter. Vanguard Group Inc. owned about 4.03% of Doma worth $2,540,000 at the end of the most recent quarter. 20.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, JMP Securities reiterated a “market perform” rating on shares of Doma in a report on Thursday, May 23rd.

Doma Stock Performance

NYSE:DOMA traded up $0.01 during trading hours on Friday, reaching $6.13. The stock had a trading volume of 13,623 shares, compared to its average volume of 30,113. The stock has a 50 day simple moving average of $6.05 and a 200 day simple moving average of $5.81. Doma has a 12-month low of $3.86 and a 12-month high of $6.21. The stock has a market cap of $86.98 million, a P/E ratio of -0.80 and a beta of 1.58.

Doma (NYSE:DOMA) last released its earnings results on Tuesday, August 13th. The company reported ($1.29) earnings per share (EPS) for the quarter. Doma had a negative return on equity of 2,120.08% and a negative net margin of 28.68%. The firm had revenue of $77.65 million during the quarter.

Doma Company Profile

Doma Holdings Inc issues residential and commercial title insurance for purchase and refinance transactions in the United States. It operates through two segments, Underwriting; and Corporate and Other. The company offers title insurance underwriting, including policies referred to through its third-party agents' channel; and other insurance services for the residential real estate market.