Oxbridge Re Holdings Limited (NASDAQ:OXBR) Sees Significant Drop in Short Interest

Oxbridge Re Holdings Limited (NASDAQ:OXBR) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 6,218 shares, a drop of 71.2% from the November 30th total of 21,558 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 13,795 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 13,795 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Oxbridge Re in a research note on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $5.00.

Hedge Funds Weigh In On Oxbridge Re

Institutional investors have recently added to or reduced their stakes in the company. Virtu Financial LLC bought a new stake in Oxbridge Re in the third quarter valued at approximately $32,000. J.W. Cole Advisors Inc. acquired a new position in shares of Oxbridge Re during the 3rd quarter worth approximately $59,000. Finally, Armistice Capital LLC bought a new stake in Oxbridge Re in the 1st quarter valued at $1,176,000. 5.64% of the stock is currently owned by institutional investors and hedge funds.

Oxbridge Re Price Performance

Shares of Oxbridge Re stock opened at $1.19 on Thursday. Oxbridge Re has a 1 year low of $1.12 and a 1 year high of $5.81. The company has a market capitalization of $9.13 million, a P/E ratio of -3.50 and a beta of 2.14. The business has a 50-day moving average of $1.41 and a two-hundred day moving average of $1.77.

Oxbridge Re (NASDAQ:OXBR) last issued its quarterly earnings data on Thursday, November 6th. The insurance provider reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The business had revenue of $0.65 million during the quarter, compared to analyst estimates of $0.74 million. Oxbridge Re had a negative net margin of 109.74% and a negative return on equity of 47.76%.

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.