Sampo Oyj (OTCMKTS:SAXPF) Sees Significant Growth in Short Interest

Sampo Oyj (OTCMKTS:SAXPF) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 4,042,400 shares, a growth of 36.9% from the February 13th total of 2,952,700 shares. Based on an average daily trading volume, of 6,000 shares, the days-to-cover ratio is currently 673.7 days.

Sampo Oyj Price Performance

Sampo Oyj stock traded up $0.25 during mid-day trading on Monday, reaching $9.50. The company had a trading volume of 578 shares, compared to its average volume of 31,399. The company has a 50 day moving average of $25.02 and a 200-day moving average of $37.13. Sampo Oyj has a 52 week low of $8.04 and a 52 week high of $11.35.

About Sampo Oyj

Sampo Oyj, together with its subsidiaries, engages in the provision of non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, and the United Kingdom. The company operates through If, Topdanmark, Hastings, Mandatum, and Holding segments. It offers property, casualty, liability, accident, sickness, household, homeowner, motor, travel, marine, aviation, transport, forest, livestock, health, workers compensation, car, van, and bike insurance services, as well as reinsurance services.