Hiscox Ltd (OTCMKTS:HCXLF) Sees Significant Decrease in Short Interest

Hiscox Ltd (OTCMKTS:HCXLF) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 7,900 shares, a decline of 10.2% from the October 15th total of 8,800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 79.0 days.

Hiscox Price Performance

OTCMKTS HCXLF opened at $14.00 on Tuesday. The business’s fifty day moving average is $14.94 and its two-hundred day moving average is $15.06. Hiscox has a 1 year low of $11.50 and a 1 year high of $16.90.

About Hiscox

Hiscox Ltd, through its subsidiaries, provides insurance and reinsurance services in the United Kingdom, Europe, the United States, and internationally. The company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. It offers commercial insurance for small-and medium-sized businesses; and personal lines cover, including high-value household, fine art, and luxury motor, as well as artwork, antiques, classic cars, jewelry, collectables, and other assets through brokers, partners, and direct-to-consumers.