SiriusPoint Ltd. (NYSE:SPNT – Get Free Report) was the target of a large decrease in short interest in May. As of May 31st, there was short interest totalling 2,060,000 shares, a decrease of 21.4% from the May 15th total of 2,620,000 shares. Currently, 2.2% of the company’s shares are sold short. Based on an average daily volume of 592,000 shares, the days-to-cover ratio is currently 3.5 days.
SiriusPoint Trading Down 1.6 %
Shares of NYSE:SPNT traded down $0.19 on Friday, hitting $12.04. The company had a trading volume of 417,794 shares, compared to its average volume of 520,532. SiriusPoint has a 1 year low of $8.47 and a 1 year high of $13.50. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.32. The firm’s 50-day simple moving average is $12.47 and its two-hundred day simple moving average is $12.01. The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of 7.16 and a beta of 0.94.
SiriusPoint (NYSE:SPNT – Get Free Report) last posted its quarterly earnings data on Tuesday, April 30th. The company reported $0.49 earnings per share for the quarter. SiriusPoint had a return on equity of 14.59% and a net margin of 11.57%. The business had revenue of $685.50 million for the quarter.
Hedge Funds Weigh In On SiriusPoint
SiriusPoint Company Profile
SiriusPoint Ltd. provides multi-line insurance and reinsurance products and services worldwide. The company operates through two segments, Reinsurance, and Insurance & Services. The Reinsurance segment provides aviation and space, accident and health, casualty, credit, marine and energy, property to insurance and reinsurance companies, government entities, and other risk bearing vehicles.
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