MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) Sees Significant Increase in Short Interest

Key Points

• MS&AD Insurance Group Holdings Inc. experienced a significant increase in short interest, rising by 86.7% in July, from 21,100 to 39,400 shares.
• Despite this rise in short interest, the company's stock price dipped by 0.4% to $24.33, and the stock has displayed a PE ratio of 8.06.
• In its latest earnings report, MS&AD reported earnings per share (EPS) of $0.96, missing forecasts, although revenue surpassed expectations at $13.98 billion.

MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY - Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 39,400 shares, agrowthof86.7% from the July 15th total of 21,100 shares. Based on an average daily volume of 88,300 shares, the short-interest ratio is currently 0.4 days. Approximately0.0% of the shares of the company are sold short. Approximately0.0% of the shares of the company are sold short. Based on an average daily volume of 88,300 shares, the short-interest ratio is currently 0.4 days.

MS&AD Insurance Group Stock Down 0.4%

Shares of MSADY traded down $0.10 during mid-day trading on Monday, hitting $24.33. 42,813 shares of the company traded hands, compared to its average volume of 40,404. MS&AD Insurance Group has a 1-year low of $17.78 and a 1-year high of $24.74. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $39.13 billion, a PE ratio of 8.06 and a beta of 0.42. The business has a 50 day moving average of $22.05 and a 200 day moving average of $21.86.

MS&AD Insurance Group (OTCMKTS:MSADY - Get Free Report) last released its quarterly earnings results on Friday, August 8th. The insurance provider reported $0.96 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.00 by ($0.04). The company had revenue of $13.98 billion during the quarter, compared to analyst estimates of $12.90 billion. MS&AD Insurance Group had a net margin of 10.57% and a return on equity of 16.63%. Equities research analysts anticipate that MS&AD Insurance Group will post 2.95 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Nomura Securities raised shares of MS&AD Insurance Group to a "hold" rating in a report on Tuesday, June 3rd.

MS&AD Insurance Group Company Profile

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.

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