Oxbridge Re Holdings Limited (NASDAQ:OXBR) Short Interest Up 343.9% in August

Oxbridge Re Holdings Limited (NASDAQ:OXBR) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 113,543 shares, an increase of 343.9% from the July 30th total of 25,578 shares. Currently, 1.7% of the shares of the company are sold short. Based on an average daily trading volume, of 141,285 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On Oxbridge Re

Large investors have recently bought and sold shares of the company. Virtu Financial LLC purchased a new stake in Oxbridge Re during the third quarter worth about $32,000. International Assets Investment Management LLC acquired a new stake in Oxbridge Re during the 4th quarter valued at $39,000. Finally, J.W. Cole Advisors Inc. boosted its stake in shares of Oxbridge Re by 106.1% during the fourth quarter. J.W. Cole Advisors Inc. now owns 68,000 shares of the insurance provider’s stock valued at $90,000 after acquiring an additional 35,000 shares during the last quarter. Hedge funds and other institutional investors own 5.64% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on OXBR shares. Weiss Ratings raised shares of Oxbridge Re from a “sell (d-)” rating to a “sell (d+)” rating in a report on Friday, August 14th. Zacks Research cut Oxbridge Re from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 18th. Finally, Maxim Group decreased their price target on shares of Oxbridge Re from $5.00 to $3.00 and set a “buy” rating on the stock in a research note on Tuesday, June 16th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $3.00.

Oxbridge Re Stock Up 1.2%

NASDAQ OXBR traded up $0.01 during trading hours on Thursday, hitting $1.28. 643 shares of the company were exchanged, compared to its average volume of 78,272. The company has a 50 day moving average of $1.35 and a two-hundred day moving average of $1.09. The firm has a market cap of $10.46 million, a price-to-earnings ratio of 64.28 and a beta of 1.94. Oxbridge Re has a 52-week low of $0.66 and a 52-week high of $2.86.

Oxbridge Re (NASDAQ:OXBR) last announced its quarterly earnings results on Thursday, August 13th. The insurance provider reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). The business had revenue of $0.94 million for the quarter, compared to analysts’ expectations of $1.10 million. Oxbridge Re had a return on equity of 2.14% and a net margin of 4.71%. On average, equities research analysts predict that Oxbridge Re will post -0.08 EPS for the current year.

Oxbridge Re Company Profile

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.