Lancashire Holdings Limited (OTCMKTS:LCSHF) Short Interest Down 75.3% in December

Lancashire Holdings Limited (OTCMKTS:LCSHF) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 4,258 shares, a decrease of 75.3% from the November 30th total of 17,228 shares. Based on an average daily volume of 91 shares, the days-to-cover ratio is presently 46.8 days. Based on an average daily volume of 91 shares, the days-to-cover ratio is presently 46.8 days.

Analyst Ratings Changes

Separately, Royal Bank Of Canada cut shares of Lancashire from an “outperform” rating to an “underperform” rating in a research report on Monday, October 13th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Lancashire has an average rating of “Hold”.

Lancashire Price Performance

OTCMKTS:LCSHF remained flat at $8.43 during trading hours on Thursday. The firm’s fifty day moving average is $8.28 and its 200 day moving average is $8.24. Lancashire has a twelve month low of $7.09 and a twelve month high of $9.35.

Lancashire Company Profile

Lancashire Holdings Limited, trading on the OTC Markets under the symbol LCSHF, is a Bermuda‐based specialty insurer and reinsurer offering tailored risk solutions across property, energy, marine and aviation lines. Operating through both insurance and reinsurance platforms, Lancashire provides coverage for complex and large-scale risks, including natural catastrophe exposures, oil and gas liabilities, cargo and hull exposures, as well as structured risk products. The company’s underwriting model emphasizes discipline, diversification and detailed risk assessment to deliver customized programs for brokers, corporate clients and other insurers.

Since its establishment in 2005, Lancashire has built a global footprint with its main underwriting operations based in Hamilton, Bermuda, and key offices in London and Singapore.