Short Interest in Sompo Holdings, Inc. (OTCMKTS:SMPNY) Grows By 36.3%

Sompo Holdings, Inc. (OTCMKTS:SMPNY) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 25,900 shares, an increase of 36.3% from the August 15th total of 19,000 shares. Based on an average daily volume of 139,000 shares, the short-interest ratio is presently 0.2 days.

Sompo Stock Performance

OTCMKTS SMPNY traded down $0.12 on Monday, hitting $11.48. 32,100 shares of the stock traded hands, compared to its average volume of 51,900. The business’s fifty day moving average is $11.00 and its two-hundred day moving average is $11.13. Sompo has a 12 month low of $6.84 and a 12 month high of $12.09. The firm has a market capitalization of $22.73 billion, a price-to-earnings ratio of 8.67 and a beta of 0.53. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.11 and a current ratio of 0.11.

Sompo (OTCMKTS:SMPNY) last posted its quarterly earnings results on Friday, August 9th. The company reported $0.40 EPS for the quarter. Sompo had a return on equity of 16.50% and a net margin of 7.82%. The firm had revenue of $9.76 billion during the quarter. As a group, equities analysts anticipate that Sompo will post 0.98 EPS for the current fiscal year.

Sompo Company Profile

Sompo Holdings, Inc provides property and casualty (P&C) insurance services in Japan and internationally. The company operates through Domestic P&C Insurance Business, Overseas Insurance Business, Domestic Life Insurance Business, and Nursing Care & Seniors Business segments. It offers various P&C insurance products, including automobile, fire, personal accident, and marine, as well as security, risk management, assistance, and warranty services; and life insurance products.