1347 Property Insurance Holdings Inc (NASDAQ:PIH) Short Interest Down 30.8% in August
1347 Property Insurance Holdings Inc (NASDAQ:PIH) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 1,800 shares, a decline of 30.8% from the July 31st total of 2,600 shares. Based on an average trading volume of 6,900 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.
A number of equities research analysts have recently issued reports on the stock. TheStreet cut shares of 1347 Property Insurance from a “c-” rating to a “d+” rating in a research report on Friday, July 12th. ValuEngine raised shares of 1347 Property Insurance from a “hold” rating to a “buy” rating in a research report on Friday, August 2nd.
Shares of 1347 Property Insurance stock traded up $0.07 during trading on Friday, reaching $4.85. The company’s stock had a trading volume of 3,000 shares, compared to its average volume of 8,438. The business’s 50-day moving average price is $4.97 and its 200-day moving average price is $5.28. 1347 Property Insurance has a 52 week low of $3.75 and a 52 week high of $7.20.
About 1347 Property Insurance
1347 Property Insurance Holdings, Inc, an insurance holding company, provides property and casualty insurance products to individuals in Louisiana, Florida, and Texas. The company offers homeowners' insurance, manufactured home insurance, dwelling fire insurance, and wind/hail insurance products, as well as reinsurance products.
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