MS&AD Insurance Group Holdings, Inc. (OTCMKTS:MSADY) Short Interest Up 181.4% in October

MS&AD Insurance Group Holdings, Inc. (OTCMKTS:MSADY - Get Free Report) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 31,800 shares, an increase of 181.4% from the October 15th total of 11,300 shares. Based on an average daily volume of 57,400 shares, the days-to-cover ratio is presently 0.6 days.

MS&AD Insurance Group Stock Performance

MS&AD Insurance Group stock traded down $0.20 during trading hours on Wednesday, hitting $23.54. 42,049 shares of the stock traded hands, compared to its average volume of 37,618. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.26 and a quick ratio of 0.26. The firm's 50 day moving average price is $22.97 and its 200-day moving average price is $21.81. The stock has a market capitalization of $37.86 billion, a price-to-earnings ratio of 15.76 and a beta of 0.50. MS&AD Insurance Group has a 1 year low of $11.82 and a 1 year high of $24.74.

About MS&AD Insurance Group

MS&AD Insurance Group Holdings, Inc, an insurance holding company, provides insurance and financial services worldwide. The company offers domestic non-life insurance; life insurance; international business; financial services; and provides risk-related services. The company was formerly known as Mitsui Sumitomo Insurance Group Holdings, Inc and changed its name to MS&AD Insurance Group Holdings, Inc in April 2010.