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

Sompo Holdings, Inc. (OTCMKTS:SMPNY - Get Free Report) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 43,200 shares, a decrease of 83.5% from the February 28th total of 262,200 shares. Based on an average daily trading volume, of 297,200 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Sompo Stock Performance

Shares of OTCMKTS SMPNY traded down $0.22 during mid-day trading on Friday, hitting $15.78. The company had a trading volume of 48,079 shares, compared to its average volume of 119,654. Sompo has a 12 month low of $8.53 and a 12 month high of $16.42. The firm has a market cap of $31.26 billion, a P/E ratio of 11.94 and a beta of 0.62. The business's 50-day simple moving average is $14.69 and its 200-day simple moving average is $13.00. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.12 and a quick ratio of 0.11.

Sompo (OTCMKTS:SMPNY - Get Free Report) last announced its quarterly earnings data on Friday, February 14th. The company reported $0.41 earnings per share for the quarter. The firm had revenue of $7.80 billion for the quarter. As a group, analysts predict that Sompo will post 0.97 earnings per share for the current fiscal year.

Sompo Company Profile

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.