Short Interest in Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) Declines By 40.5%

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNYGet Free Report) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 84,322 shares, a drop of 40.5% from the April 15th total of 141,761 shares. Based on an average daily volume of 220,523 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Sompo Price Performance

Shares of Sompo stock traded up $0.28 during trading hours on Monday, hitting $19.54. 107,063 shares of the company’s stock traded hands, compared to its average volume of 124,844. Sompo has a 12-month low of $13.93 and a 12-month high of $20.48. The stock has a market capitalization of $36.52 billion, a price-to-earnings ratio of 9.53 and a beta of 0.33. The company has a fifty day simple moving average of $18.65 and a 200-day simple moving average of $17.65.

Sompo (OTCMKTS:SMPNYGet Free Report) last announced its earnings results on Friday, February 13th. The company reported $0.57 earnings per share (EPS) for the quarter. Sompo had a return on equity of 13.26% and a net margin of 10.62%.The firm had revenue of $8.71 billion during the quarter.

Sompo Company Profile

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Sompo Holdings, Inc (OTCMKTS:SMPNY) is a Tokyo-based insurance holding company that provides a broad range of risk-transfer and risk-management products and services. The group’s core operations include property and casualty insurance for individuals and businesses, life insurance products, and related services such as claims handling, medical and nursing-care services, and assistance solutions. Sompo serves both retail and commercial customers with offerings that commonly include motor, homeowners, commercial property, liability, and specialty insurance lines.

In addition to its domestic Japanese business, Sompo has built a significant international footprint through subsidiaries and acquisitions, operating in regions including the Americas, Europe, Asia and Australia.

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