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

Sompo Holdings, Inc. (OTCMKTS:SMPNY) was the recipient of a significant increase in short interest in 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 volume of 320,900 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.0% of the company’s shares are sold short.

Sompo Trading Up 0.8 %

SMPNY traded up $0.12 on Friday, reaching $15.45. 61,706 shares of the company’s stock were exchanged, compared to its average volume of 132,081. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.11 and a current ratio of 0.12. The company has a market cap of $30.60 billion, a price-to-earnings ratio of 11.66 and a beta of 0.62. The company’s 50 day moving average is $14.08 and its 200-day moving average is $12.67. Sompo has a twelve month low of $8.53 and a twelve month high of $16.10.

Sompo (OTCMKTS:SMPNY) last released its earnings results on Friday, February 14th. The company reported $0.41 EPS for the quarter. The business had revenue of $7.80 billion for the quarter. Equities analysts predict that Sompo will post 0.97 earnings per share 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.