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 significant increase in short interest in August. As of August 31st, there was short interest totaling 134,700 shares, an increase of 101.6% from the August 15th total of 66,800 shares. Based on an average daily trading volume, of 157,100 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 157,100 shares, the days-to-cover ratio is presently 0.9 days.

MS&AD Insurance Group Trading Down 0.7%

MS&AD Insurance Group stock traded down $0.18 during mid-day trading on Friday, hitting $23.58. The stock had a trading volume of 140,657 shares, compared to its average volume of 71,732. The stock has a 50-day simple moving average of $22.62 and a two-hundred day simple moving average of $22.26. The stock has a market capitalization of $37.93 billion, a PE ratio of 7.56 and a beta of 0.39. MS&AD Insurance Group has a 12 month low of $17.78 and a 12 month high of $25.00. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.14.

MS&AD Insurance Group (OTCMKTS:MSADY - Get Free Report) last posted its quarterly earnings results on Friday, August 8th. The insurance provider reported $0.96 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.00 by ($0.04). MS&AD Insurance Group had a net margin of 10.57% and a return on equity of 16.56%. The firm had revenue of $13.98 billion during the quarter, compared to the consensus estimate of $12.90 billion. MS&AD Insurance Group has set its FY 2025 guidance at 2.670-2.670 EPS. As a group, sell-side analysts forecast that MS&AD Insurance Group will post 2.95 EPS for the current year.

Wall Street Analyst Weigh In

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

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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