Doma Holdings Inc. (NYSE:DOMA) Sees Significant Growth in Short Interest

Doma Holdings Inc. (NYSE:DOMA) was the target of a significant growth in short interest in May. As of May 31st, there was short interest totalling 111,800 shares, a growth of 54.2% from the May 15th total of 72,500 shares. Based on an average daily volume of 50,600 shares, the days-to-cover ratio is currently 2.2 days. Currently, 2.0% of the company’s stock are short sold.

Doma Trading Down 0.2 %

DOMA stock traded down $0.01 on Friday, reaching $5.98. 16,804 shares of the company’s stock were exchanged, compared to its average volume of 38,202. Doma has a twelve month low of $3.86 and a twelve month high of $9.44. The stock has a fifty day moving average of $6.02 and a 200-day moving average of $5.14.

Doma (NYSE:DOMA) last issued its quarterly earnings data on Tuesday, May 7th. The company reported ($1.42) earnings per share (EPS) for the quarter. Doma had a negative net margin of 32.57% and a negative return on equity of 2,120.08%. The company had revenue of $66.07 million during the quarter.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on DOMA shares. Citigroup boosted their price objective on Doma from $6.00 to $6.29 and gave the company a “neutral” rating in a research note on Tuesday, April 2nd. JMP Securities reiterated a “market perform” rating on shares of Doma in a research note on Thursday, May 23rd.

Institutional Investors Weigh In On 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 first 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 buying an additional 43,422 shares during the quarter. Vanguard Group Inc. owned about 4.03% of Doma worth $2,540,000 as of its most recent filing with the SEC. Institutional investors own 20.67% of the company’s stock.

About Doma

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.