Maiden Holdings, Ltd. (NASDAQ:MHLD – Get Rating) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 251,000 shares, a drop of 14.0% from the August 15th total of 292,000 shares. Based on an average daily volume of 270,500 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.4% of the company’s shares are short sold.
Maiden Price Performance
Shares of MHLD stock opened at $2.19 on Monday. The stock has a 50-day moving average price of $2.16 and a 200 day moving average price of $2.22. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.12. The firm has a market cap of $190.88 million, a price-to-earnings ratio of 4.13 and a beta of 1.22. Maiden has a 12 month low of $1.84 and a 12 month high of $3.57.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered Maiden from a “hold” rating to a “sell” rating in a research report on Monday, May 23rd.
Institutional Trading of Maiden
Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty reinsurance solutions to regional and specialty insurers in Europe, the United States, 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.
- Get a free copy of the StockNews.com research report on Maiden (MHLD)
- Kroger’s is Your One-Stop Consumer Staples Stock
- Adobe Perfects the Art of the Faceplant for Investors
- Tax Credits are the Incentives in the Inflation Reduction Act
- Stock Market: 3 Islands Of Strength In A Sea Of Red
- 3 Banks Worth Considering For Q4
Receive News & Ratings for Maiden Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maiden and related companies with MarketBeat.com's FREE daily email newsletter.