Maiden Holdings, Ltd. (NASDAQ:MHLD - Get Free Report) saw a large growth in short interest in February. As of February 15th, there was short interest totalling 769,500 shares, a growth of 25.0% from the January 31st total of 615,800 shares. Currently, 1.0% of the company's stock are short sold. Based on an average daily volume of 169,500 shares, the short-interest ratio is presently 4.5 days.
Analyst Ratings Changes
Separately, StockNews.com raised Maiden from a "sell" rating to a "hold" rating in a research report on Wednesday, January 1st.
View Our Latest Stock Analysis on Maiden
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the business. Bank of America Corp DE increased its holdings in shares of Maiden by 26.7% in the 4th quarter. Bank of America Corp DE now owns 83,451 shares of the insurance provider's stock valued at $141,000 after acquiring an additional 17,565 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Maiden by 340.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 22,009 shares of the insurance provider's stock valued at $37,000 after acquiring an additional 17,014 shares during the last quarter. Barclays PLC increased its holdings in shares of Maiden by 14.4% in the 4th quarter. Barclays PLC now owns 132,439 shares of the insurance provider's stock valued at $223,000 after acquiring an additional 16,699 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Maiden in the 4th quarter valued at about $35,000. Finally, Wells Fargo & Company MN increased its holdings in shares of Maiden by 27.8% in the 4th quarter. Wells Fargo & Company MN now owns 51,664 shares of the insurance provider's stock valued at $87,000 after acquiring an additional 11,252 shares during the last quarter. Hedge funds and other institutional investors own 21.78% of the company's stock.
Maiden Stock Up 6.3 %
MHLD stock traded up $0.05 during mid-day trading on Friday, reaching $0.80. The company had a trading volume of 166,946 shares, compared to its average volume of 143,021. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.86 and a current ratio of 0.86. The company has a market capitalization of $79.17 million, a price-to-earnings ratio of -1.23 and a beta of 1.29. The firm has a fifty day simple moving average of $1.06 and a 200 day simple moving average of $1.43. Maiden has a fifty-two week low of $0.73 and a fifty-two week high of $2.27.
About Maiden
(
Get Free Report)
Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty insurance and reinsurance solutions to regional and specialty insurers in Europe, North America, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and excess of loss basis.
Further Reading
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