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Octave Specialty Group, Inc.

corporate_fare Company Profile

Octave Specialty Group, Inc.

OSG·NYSE·Finance·CIK 0000874501

Octave Specialty Group, Inc. ("OSG"), headquartered in New York City, is a financial services holding company incorporated in Delaware on April 29, 1991. Formerly known as Ambac Financial Group, Inc. ("AFG"), the company rebranded as OSG in the fourth quarter of 2025 following the sale of its Legacy Financial Guarantee business. Octave operates two principal businesses: Insurance Distribution and Specialty Property & Casualty Insurance. The Insurance Distribution segment includes specialty property and casualty ("P&C") insurance underwriting and distribution, comprising Managing General Agents and Underwriters ("MGAs" or "MGA/Us"), an insurance broker, and other related businesses. On October 31, 2025, Octave acquired ArmadaCorp Capital, LLC and its subsidiaries ("ArmadaCorp"), a specialty accident and health MGA. This platform operates in lines such as property, niche specialty risk, accident & health, miscellaneous specialty, reinsurance, surety, marine & energy, specialty auto, E&S commercial package, professional lines, and Directors & Officers ("D&O"). The Specialty Property & Casualty Insurance segment includes five program insurers, collectively known as "Everspan." Everspan carriers hold an A.M. Best rating of 'A-' (Excellent), affirmed on July 17, 2025. On September 29, 2025, Octave completed the sale of its Legacy Financial Guarantee business, including Ambac Assurance Corporation ("AAC") and its subsidiary Ambac Assurance UK Limited ("AUK").

Octave Specialty Group, Inc. (NYSE:OSG) is a publicly traded company in the Finance sector. Wiseek has independently scored 11 items for OSG at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-08-06, rated 7/10. Across its 11 most recent items scored 7 or higher, the top rating is 8/10, with 7 rated 8 or above. Recent SEC coverage for OSG spans 10-Q, 8-K, DEFA14A, DEF 14A.

Recent high-impact activity:

  • Octave Specialty Q2 Loss Narrows Sharply as Insurance Distribution Revenue Surges 64%
  • Octave Specialty Group Q2 Loss Narrows Sharply as Insurance Distribution Revenue Surges 77%
  • Octave Details Executive Pay, Faces ISS Opposition on Incentive Plan
  • Octave Specialty Group Reports 66% Q1 Revenue Jump, Narrows Loss to $(0.13) EPS
  • Octave Specialty Group Reports Strong Q1 Revenue Growth and Reduced Net Loss, Despite P&C Underwriting Weakness

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$251.22M
Net Income
-$259.09M
Diluted EPS
-$5.93
Cash & Equivalents
$70.09M
Total Debt
$117.56M
Debt / Equity
0.16×
Net Margin
-103.1%
Shares Outstanding
47.18M sh
Source: 10-K · filed 2026-03-04 · accession 0001628280-26-014653

Short Interest & Short Volume

3.09 days to cover

FINRA reported short interest of 1,736,370 shares in OSG as of the September 15, 2026 settlement, a 0.4% increase from the prior period — about 3.1 days to cover at its recent average daily volume. On October 2, 2026, 61.8% of OSG volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)1,736,370 shares as of September 15, 2026
Change vs prior period▲ 0.4%
Days to cover3.09 at avg daily volume of 561,472
Daily short volume (FINRA facilities)61.8% of 257,154 shares on October 2, 2026
5-day average short volume53.0%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

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$4.6
52-week range · as of 2026-08-06 $3.88 – $10.38
Market cap
$207.24M
Volume
673.5K (1.3× avg)
3-mo avg 522.7K
Live data · 2026-10-05 02:50 UTC · Market closed

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feed OSG - Latest Insights

OSG
Aug 06, 2026, 5:03 PM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $5.89
Real-time Price: $4.60 info
Change: -$1.29 (-22%) info
Market Cap: $207.237M info
OSG
Aug 06, 2026, 4:58 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $5.89
Real-time Price: $4.60 info
Change: -$1.29 (-22%) info
Market Cap: $207.237M info
OSG
May 14, 2026, 4:14 PM EDT
Filing Type: DEFA14A
Importance Score:
7
Price at Filing: $5.69
Real-time Price: $4.60 info
Change: -$1.09 (-19%) info
Market Cap: $207.237M info
OSG
May 06, 2026, 4:55 PM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $5.66
Real-time Price: $4.60 info
Change: -$1.06 (-19%) info
Market Cap: $207.237M info
OSG
May 06, 2026, 4:50 PM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $5.73
Real-time Price: $4.60 info
Change: -$1.13 (-20%) info
Market Cap: $207.237M info
OSG
May 06, 2026, 4:41 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $5.83
Real-time Price: $4.60 info
Change: -$1.23 (-21%) info
Market Cap: $207.237M info
OSG
Apr 10, 2026, 4:10 PM EDT
Filing Type: DEF 14A
Importance Score:
8
Price at Filing: $3.94
Real-time Price: $4.60 info
Change: +$0.660 (+17%) info
Market Cap: $207.237M info
OSG
Apr 07, 2026, 4:08 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $4.50
Real-time Price: $4.60 info
Change: +$0.100 (+2%) info
Market Cap: $207.237M info
OSG
Mar 04, 2026, 4:29 PM EST
Filing Type: 10-K
Importance Score:
8
Price at Filing: $5.60
Real-time Price: $4.60 info
Change: -$1.00 (-18%) info
Market Cap: $207.237M info
OSG
Feb 23, 2026, 4:19 PM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $5.64
Real-time Price: $4.60 info
Change: -$1.04 (-18%) info
Market Cap: $207.237M info
OSG
Jan 06, 2026, 4:03 PM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $6.89
Real-time Price: $4.60 info
Change: -$2.29 (-33%) info
Market Cap: $207.237M info
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