Oxbridge Re Holdings Limited (NASDAQ:OXBRW) Sees Large Growth in Short Interest

Oxbridge Re Holdings Limited (NASDAQ:OXBRW) was the recipient of a large growth in short interest in February. As of February 13th, there was short interest totaling 4,437 shares, a growth of 65.1% from the January 29th total of 2,687 shares. Based on an average daily volume of 497 shares, the short-interest ratio is currently 8.9 days. Based on an average daily volume of 497 shares, the short-interest ratio is currently 8.9 days.

Oxbridge Re Price Performance

NASDAQ OXBRW traded up $0.01 on Friday, hitting $0.13. 2,751 shares of the company traded hands, compared to its average volume of 12,241. The business’s 50 day moving average price is $0.16 and its 200-day moving average price is $0.28. Oxbridge Re has a 52-week low of $0.08 and a 52-week high of $0.75.

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.