Short Interest in MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) Grows By 69.5%

Key Points

• Short interest for MS&AD Insurance Group increased by 69.5% in August, reaching a total of 66,800 shares as of August 15th.
• Despite an earnings miss with reported EPS of $0.96 (below the $1.00 estimate), the company posted revenues of $13.98 billion, exceeding expectations.
• The stock has a current market capitalization of $37.85 billion, with a consensus rating of "Hold" from analysts.

MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY - Get Free Report) was the recipient of a large increase in short interest in the month of August. As of August 15th, there was short interest totaling 66,800 shares, anincreaseof69.5% from the July 31st total of 39,400 shares. Based on an average trading volume of 77,400 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 77,400 shares, the days-to-cover ratio is presently 0.9 days.

MS&AD Insurance Group Price Performance

OTCMKTS:MSADY traded up $0.22 during trading hours on Friday, hitting $23.53. The stock had a trading volume of 46,035 shares, compared to its average volume of 61,098. The company has a 50 day simple moving average of $22.45 and a two-hundred day simple moving average of $22.13. The firm has a market capitalization of $37.85 billion, a price-to-earnings ratio of 7.77 and a beta of 0.39. MS&AD Insurance Group has a one year low of $17.78 and a one year high of $25.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.24 and a quick ratio of 0.24.

MS&AD Insurance Group (OTCMKTS:MSADY - Get Free Report) last posted its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $12.90 billion. MS&AD Insurance Group had a return on equity of 16.56% and a net margin of 10.57%. MS&AD Insurance Group has set its FY 2025 guidance at 2.670-2.670 EPS. Research analysts forecast that MS&AD Insurance Group will post 2.95 earnings per share for the current fiscal year.

Analyst Ratings Changes

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