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

Oxbridge Re Holdings Limited (NASDAQ:OXBRW) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 348 shares, a decline of 94.3% from the December 15th total of 6,146 shares. Based on an average trading volume of 4,409 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 4,409 shares, the short-interest ratio is currently 0.1 days.

Oxbridge Re Stock Performance

NASDAQ:OXBRW traded down $0.01 during mid-day trading on Wednesday, hitting $0.17. 4,900 shares of the stock were exchanged, compared to its average volume of 3,067. The firm’s 50-day simple moving average is $0.25 and its 200 day simple moving average is $0.33. Oxbridge Re has a fifty-two week low of $0.12 and a fifty-two week high of $0.90.

About Oxbridge Re

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. In addition, the company offers fractional aircraft ownership, jet card, aircraft brokerage, and charter service through its fleet of private aircraft.