Doma Holdings Inc. (NYSE:DOMA) Sees Large Increase in Short Interest

Doma Holdings Inc. (NYSE:DOMA) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 127,100 shares, an increase of 13.7% from the May 31st total of 111,800 shares. Based on an average daily trading volume, of 50,000 shares, the short-interest ratio is presently 2.5 days. Approximately 2.3% of the company’s stock are sold short.

Doma Stock Up 0.2 %

Shares of DOMA traded up $0.01 during trading hours on Monday, reaching $6.08. 385 shares of the stock traded hands, compared to its average volume of 34,247. The company’s 50-day moving average price is $6.01 and its two-hundred day moving average price is $5.17. Doma has a 52-week low of $3.86 and a 52-week high of $9.44.

Doma (NYSE:DOMA) last posted its earnings results on Tuesday, May 7th. The company reported ($1.42) earnings per share for the quarter. Doma had a negative return on equity of 2,120.08% and a negative net margin of 32.57%. The business had revenue of $66.07 million during the quarter.

Analyst Upgrades and Downgrades

DOMA has been the topic of several recent analyst reports. JMP Securities reissued a “market perform” rating on shares of Doma in a research report on Thursday, May 23rd. Citigroup lifted their price target on shares of Doma from $6.00 to $6.29 and gave the stock a “neutral” rating in a report on Tuesday, April 2nd.

Institutional Investors Weigh In On Doma

An institutional investor recently raised its position in Doma stock. Vanguard Group Inc. raised its stake in shares of Doma Holdings Inc. (NYSE:DOMA) by 8.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 559,431 shares of the company’s stock after purchasing an additional 43,422 shares during the quarter. Vanguard Group Inc. owned about 4.03% of Doma worth $2,540,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 20.67% of the company’s stock.

Doma Company Profile

Doma Holdings Inc issues residential and commercial title insurance for purchase and refinance transactions in the United States. It operates through two segments, Underwriting; and Corporate and Other. The company offers title insurance underwriting, including policies referred to through its third-party agents' channel; and other insurance services for the residential real estate market.