Short Interest in Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) Declines By 67.0%

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 75,417 shares, a drop of 67.0% from the May 31st total of 228,598 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 381,681 shares, the short-interest ratio is currently 0.2 days.

Sompo Stock Performance

OTCMKTS:SMPNY opened at $19.07 on Friday. The company has a market capitalization of $35.63 billion, a PE ratio of 8.15 and a beta of 0.31. The company has a 50 day simple moving average of $18.75 and a two-hundred day simple moving average of $18.37. Sompo has a fifty-two week low of $13.93 and a fifty-two week high of $20.59.

Sompo (OTCMKTS:SMPNY) last issued its quarterly earnings results on Wednesday, May 20th. The company reported $0.44 earnings per share (EPS) for the quarter. Sompo had a net margin of 11.95% and a return on equity of 13.42%. The firm had revenue of $8.84 billion for the quarter.

Sompo Company Profile

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.