Oxbridge Re Holdings Limited (NASDAQ:OXBRW) Short Interest Up 920.9% in June

Oxbridge Re Holdings Limited (NASDAQ:OXBRW) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 75,441 shares, an increase of 920.9% from the June 15th total of 7,390 shares. Based on an average daily volume of 26,221 shares, the days-to-cover ratio is presently 2.9 days.

Oxbridge Re Trading Down 3.1%

NASDAQ OXBRW opened at $0.15 on Friday. The firm’s 50 day moving average price is $0.11 and its 200-day moving average price is $0.12. Oxbridge Re has a 52-week low of $0.06 and a 52-week high of $0.60.

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.