Oxbridge Ord Shrs shares had a trading volume of 4,588 on Tuesday. Shares saw a steep decrease in trading volume of 75.44% under the normal average daily volume.
Traders are more bearish on shares of the company of late if you watch the rise in short interest. The firm recorded a rise in short interest of 123.15% as of the latest report on October 13, 2017. Short interest increased from 79,457 to 177,307 over that timeframe. The short-interest ratio increased to 7.0 and the percentage of shorted shares is 0.03% as of October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (OXBR). Deutsche Bank Ag reduced its stake by selling 4,096 shares a decrease of 94.4% in the quarter. Deutsche Bank Ag controls 243 shares worth $1,000. The value of the position overall is down by 96.4%. As of quarter end Blackrock Inc. had disposed of a total of 224 shares trimming its holdings by 26.5%. The value in dollars went from $6,000 to $4,000 a change of $2,000 since the last quarter.
Creative Planning expanded its investment by buying 2,000 shares an increase of 16.3%. Creative Planning owns 14,260 shares valued at $56,000. The total value of its holdings decreased 18.8%. As of the end of the quarter Jaffetilchin Investment Partners, LLC had bought 6,393 shares growing its stake by 37.6%. The value of the investment in (OXBR) decreased from $96,000 to $91,000 a change of 5.2% quarter to quarter.
The company is now down by 18.42% since yesterday’s close of 3.35. The P/E ratio is 5.26 and market cap is 18.92M. In the last earnings report the EPS was $0.52 with 5.79M shares outstanding.
Oxbridge Re Holdings Limited, launched on April 4, 2013, is a specialty property and casualty reinsurer. The Company provides reinsurance solutions through its subsidiary, Oxbridge Reinsurance Limited. The Company focuses on underwriting fully collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States, with an emphasis on Florida. It owns approximately 100% of the equity interest in Oxbridge Reinsurance Limited (the Subsidiary). The Company operates through the Subsidiary, which provides collateralized reinsurance to cover excess of loss catastrophe risks of various affiliated and non-affiliated ceding insurers, including Claddaugh Casualty Insurance Company, Ltd. (Claddaugh) and Homeowners Choice Property & Casualty Insurance Company (HCPCI), which are related-party entities domiciled in Bermuda and Florida. It specializes in underwriting medium frequency, high severity risks..