Sampo PLC (OTCMKTS:SAXPY) Short Interest Up 54.8% in July

Key Points

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Sampo PLC (OTCMKTS:SAXPY - Get Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 44,900 shares, anincreaseof54.8% from the July 15th total of 29,000 shares. Approximately0.0% of the company's stock are sold short. Based on an average daily volume of 71,800 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 71,800 shares, the days-to-cover ratio is currently 0.6 days. Approximately0.0% of the company's stock are sold short.

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised shares of Sampo to a "strong-buy" rating in a report on Wednesday, July 2nd.

Sampo Stock Performance

OTCMKTS:SAXPY opened at $22.99 on Tuesday. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.42. Sampo has a twelve month low of $15.70 and a twelve month high of $23.34. The business's 50-day moving average price is $21.76 and its two-hundred day moving average price is $20.61. The stock has a market cap of $123.74 billion, a P/E ratio of 22.85 and a beta of 0.57.

Sampo (OTCMKTS:SAXPY - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.10. The company had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.19 billion.

Sampo Company Profile

Sampo Oyj, together with its subsidiaries, engages in the provision of non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, and the United Kingdom. The company operates through If, Topdanmark, Hastings, Mandatum, and Holding segments. It offers property, casualty, liability, accident, sickness, household, homeowner, motor, travel, marine, aviation, transport, forest, livestock, health, workers compensation, car, van, and bike insurance services, as well as reinsurance services.

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