MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) Short Interest Up 101.6% in August

Key Points

• MS&AD Insurance Group Holdings Inc. saw a significant rise in short interest of 101.6% in August, with total short interest reaching 134,700 shares by the end of the month.
• The company's stock price decreased by 0.7% to $23.58, with a market capitalization of $37.93 billion and a PE ratio of 7.56.
• MS&AD Insurance Group reported quarterly earnings of $0.96 EPS, falling short of the consensus estimate by $0.04.

MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY - Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 134,700 shares, a growth of 101.6% from the August 15th total of 66,800 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 157,100 shares, the short-interest ratio is presently 0.9 days. Based on an average trading volume of 157,100 shares, the short-interest ratio is presently 0.9 days. Currently, 0.0% of the shares of the stock are sold short.

MS&AD Insurance Group Trading Down 1.1%

Shares of OTCMKTS:MSADY traded down $0.25 during trading on Friday, hitting $23.05. 56,174 shares of the company's stock were exchanged, compared to its average volume of 72,647. MS&AD Insurance Group has a 1-year low of $17.78 and a 1-year high of $25.00. The firm has a 50-day moving average price of $22.87 and a two-hundred day moving average price of $22.34. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.14. The firm has a market cap of $37.07 billion, a P/E ratio of 7.39 and a beta of 0.39.

MS&AD Insurance Group (OTCMKTS:MSADY - Get Free Report) last issued its quarterly earnings results on Friday, August 8th. The insurance provider reported $0.96 EPS for the quarter, missing the consensus estimate of $1.00 by ($0.04). MS&AD Insurance Group had a return on equity of 16.56% and a net margin of 10.57%.The business 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. Equities analysts predict that MS&AD Insurance Group will post 2.95 earnings per share for the current year.

Analysts Set New Price Targets

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