MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) Short Interest Up 86.7% in July

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 target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 39,400 shares, agrowthof86.7% from the July 15th total of 21,100 shares. Approximately0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 88,300 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 88,300 shares, the days-to-cover ratio is presently 0.4 days. Approximately0.0% of the shares of the stock are sold short.

MS&AD Insurance Group Trading Up 2.9%

Shares of MSADY stock traded up $0.70 during mid-day trading on Friday, reaching $24.79. 54,204 shares of the stock traded hands, compared to its average volume of 59,396. The stock's fifty day simple moving average is $22.15 and its two-hundred day simple moving average is $21.97. MS&AD Insurance Group has a 1-year low of $17.78 and a 1-year high of $25.00. The company has a market cap of $39.87 billion, a price-to-earnings ratio of 7.95 and a beta of 0.42. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.15.

MS&AD Insurance Group (OTCMKTS:MSADY - Get Free Report) last announced its quarterly earnings results on Friday, August 8th. The insurance provider reported $0.96 EPS for the quarter, missing analysts' consensus estimates of $1.00 by ($0.04). MS&AD Insurance Group had a net margin of 10.57% and a return on equity of 16.63%. The firm had revenue of $13.98 billion for the quarter, compared to analyst estimates of $12.90 billion. MS&AD Insurance Group has set its FY 2025 guidance at 2.670-2.670 EPS. On average, research analysts anticipate that MS&AD Insurance Group will post 2.95 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Nomura Securities raised MS&AD Insurance Group to a "hold" rating in a research note on Tuesday, June 3rd. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, MS&AD Insurance Group presently has a consensus rating of "Hold".

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.