Short Interest in Oxbridge Re Holdings Limited (NASDAQ:OXBR) Decreases By 65.5%

Oxbridge Re Holdings Limited (NASDAQ:OXBR) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 24,328 shares, a decline of 65.5% from the June 15th total of 70,596 shares. Based on an average daily volume of 48,429 shares, the short-interest ratio is presently 0.5 days. Approximately 0.4% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in OXBR. Virtu Financial LLC acquired a new stake in Oxbridge Re in the third quarter worth $32,000. International Assets Investment Management LLC lifted its stake in Oxbridge Re by 61.2% in the first quarter. International Assets Investment Management LLC now owns 48,000 shares of the insurance provider’s stock valued at $54,000 after buying an additional 18,227 shares during the last quarter. J.W. Cole Advisors Inc. boosted its holdings 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 period. Finally, Henrickson Nauta Wealth Advisors Inc. boosted its holdings in shares of Oxbridge Re by 100.0% during the fourth quarter. Henrickson Nauta Wealth Advisors Inc. now owns 137,400 shares of the insurance provider’s stock valued at $185,000 after acquiring an additional 68,700 shares during the period. 5.64% of the stock is currently owned by institutional investors.

Oxbridge Re Price Performance

Shares of Oxbridge Re stock opened at $1.70 on Monday. The company has a current ratio of 8.15, a quick ratio of 8.15 and a debt-to-equity ratio of 0.16. The business’s 50 day simple moving average is $1.04 and its 200-day simple moving average is $1.04. The stock has a market capitalization of $13.77 million, a price-to-earnings ratio of -6.80 and a beta of 2.01. Oxbridge Re has a twelve month low of $0.66 and a twelve month high of $2.86.

Wall Street Analyst Weigh In

OXBR has been the topic of a number of research reports. Zacks Research raised shares of Oxbridge Re to a “hold” rating in a report on Wednesday, June 17th. Maxim Group decreased their price target on shares of Oxbridge Re from $5.00 to $3.00 and set a “buy” rating for the company in a report on Tuesday, June 16th. Finally, Weiss Ratings downgraded shares of Oxbridge Re from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price 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.