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

Sompo Holdings, Inc. (OTCMKTS:SMPNY - Get Free Report) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 130,300 shares, a growth of 362.1% from the December 31st total of 28,200 shares. Based on an average daily volume of 86,900 shares, the days-to-cover ratio is currently 1.5 days.

Sompo Stock Down 0.6 %

Shares of SMPNY stock traded down $0.09 during mid-day trading on Friday, hitting $13.91. 104,880 shares of the stock traded hands, compared to its average volume of 120,910. The stock's fifty day moving average is $13.32 and its two-hundred day moving average is $11.88. 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 has a 52-week low of $8.53 and a 52-week high of $14.30. The stock has a market cap of $27.56 billion, a P/E ratio of 10.39 and a beta of 0.59.

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.