Sompo Holdings, Inc. (OTCMKTS:SMPNY) Sees Large Growth in Short Interest

Sompo Holdings, Inc. (OTCMKTS:SMPNY) saw a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 262,200 shares, an increase of 226.9% from the February 13th total of 80,200 shares. Based on an average daily trading volume, of 320,900 shares, the short-interest ratio is presently 0.8 days. Currently, 0.0% of the shares of the company are sold short.

Sompo Stock Performance

SMPNY traded up $0.12 during trading hours on Friday, hitting $15.45. The company’s stock had a trading volume of 61,706 shares, compared to its average volume of 132,081. The company has a current ratio of 0.12, a quick ratio of 0.11 and a debt-to-equity ratio of 0.23. Sompo has a fifty-two week low of $8.53 and a fifty-two week high of $16.10. The company has a 50-day simple moving average of $14.08 and a 200 day simple moving average of $12.67. The firm has a market capitalization of $30.60 billion, a PE ratio of 11.66 and a beta of 0.62.

Sompo (OTCMKTS:SMPNY) last posted its quarterly earnings data on Friday, February 14th. The company reported $0.41 earnings per share for the quarter. The company had revenue of $7.80 billion during the quarter. As a group, sell-side analysts expect that Sompo will post 0.97 EPS for the current year.

About Sompo

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.