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

Oxbridge Re Holdings Limited (NASDAQ:OXBRW) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 45,200 shares, a decline of 16.0% from the November 30th total of 53,800 shares. Based on an average trading volume of 5,700 shares, the short-interest ratio is presently 7.9 days.

Oxbridge Re Price Performance

OXBRW stock traded up $0.18 during trading on Friday, reaching $0.49. 51,646 shares of the stock were exchanged, compared to its average volume of 11,234. The business has a 50 day moving average price of $0.24 and a 200-day moving average price of $0.18. Oxbridge Re has a 1 year low of $0.02 and a 1 year high of $0.59.

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.