Lemonade Inc

LMND

Lemonade Insurance Company is an American property and casualty insurance company headquartered in New York City offering renters and home insurance policies for homes, apartments, co-ops and condos in many US states in addition to content and liability policies in Germany and the Netherlands.Lemonade delivers insurance policies and handles claims through desktop and mobile apps using chatbots. Its business model includes giving underwriting profits to nonprofits of the customers’ choice. This is done annually in an event Lemonade calls “Giveback”.Lemonade Inc.

Lemonade Inc has been a target of short sellers for a while. The current short interest of 13.15% is slightly below the average of the last 12 months (15.61%).