Lancashire Holdings Limited (OTCMKTS:LCSHF) Shares Shorted: Short Interest Down 96.3% in October

Lancashire Holdings Limited (OTCMKTS:LCSHF) saw a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 58 shares, a decrease of 96.3% from the October 15th total of 1,580 shares. Based on an average trading volume of 33 shares, the days-to-cover ratio is currently 1.8 days.

Wall Street Analyst Weigh In

Separately, Barclays downgraded shares of Lancashire from an “equal weight” rating to an “underweight” rating in a research note on Friday, October 23rd. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Lancashire Price Performance

Shares of LCSHF remained flat at $9.24 during trading hours on Tuesday. Lancashire has a fifty-two week low of $7.38 and a fifty-two week high of $9.35. The business has a 50-day moving average of $8.75 and a 200 day moving average of $8.35.

About Lancashire

Lancashire Holdings Limited is a specialty insurance and reinsurance group headquartered in Bermuda. The company provides coverage for complex and often high-severity risks that may not be fully served by the standard insurance market. Its principal business activities include underwriting property, energy, marine, aviation, and specialty insurance, along with related reinsurance products. Lancashire’s offerings are designed for commercial and industrial clients, brokers, and other insurers seeking protection against risks such as natural catastrophes, major property losses, and sector-specific exposures.