Oxbridge Re Holdings Limited (NASDAQ:OXBRW) Short Interest Up 32.0% in March

Oxbridge Re Holdings Limited (NASDAQ:OXBRW) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totalling 9,900 shares, an increase of 32.0% from the March 15th total of 7,500 shares. Based on an average daily volume of 8,000 shares, the days-to-cover ratio is currently 1.2 days.

Oxbridge Re Price Performance

OXBRW traded down $0.09 during mid-day trading on Friday, reaching $0.45. 5,314 shares of the company traded hands, compared to its average volume of 10,022. Oxbridge Re has a 52-week low of $0.03 and a 52-week high of $0.90. The company’s fifty day moving average price is $0.54 and its 200-day moving average price is $0.42.

Oxbridge Re Company Profile

Oxbridge Re Holdings Limited, through its subsidiaries, provides specialty property and casualty reinsurance solutions. The company underwrites collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States. It also issues reinsurance contracts through digital securities by blockchain technology.