Short Interest in MS&AD Insurance Group Holdings, Inc. (OTCMKTS:MSADY) Increases By 226.9%

MS&AD Insurance Group Holdings, Inc. (OTCMKTS:MSADY - Get Free Report) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 35,300 shares, a growth of 226.9% from the February 28th total of 10,800 shares. Based on an average daily volume of 111,600 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

MS&AD Insurance Group Price Performance

MSADY traded down $1.55 during trading on Monday, reaching $21.67. 48,070 shares of the company traded hands, compared to its average volume of 64,920. MS&AD Insurance Group has a 12-month low of $16.70 and a 12-month high of $24.74. The firm has a fifty day simple moving average of $21.45 and a 200 day simple moving average of $22.11. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.26 and a current ratio of 0.26. The company has a market cap of $34.85 billion, a P/E ratio of 15.39 and a beta of 0.48.

MS&AD Insurance Group (OTCMKTS:MSADY - Get Free Report) last announced its quarterly earnings results on Friday, February 14th. The insurance provider reported $0.57 earnings per share (EPS) for the quarter. The company had revenue of $11.70 billion during the quarter. On average, equities analysts forecast that MS&AD Insurance Group will post 2.95 EPS for the current year.

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.