Short Interest in Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) Drops By 48.9%

Key Points

• Short interest in Sompo Holdings, Inc. decreased by 48.9% in July, falling to a total of 24,000 shares.
• The company's market cap is approximately $30.44 billion, with a P/E ratio of 10.93 and shares trading around $16.29.
• Sompo Holdings reported a quarterly EPS of $0.44 and revenue of $8.75 billion, with analysts expecting an annual EPS of 0.97.

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY - Get Free Report) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 24,000 shares, adecreaseof48.9% from the July 15th total of 47,000 shares. Based on an average trading volume of 162,200 shares, the short-interest ratio is presently 0.1 days. Approximately0.0% of the company's shares are short sold. Approximately0.0% of the company's shares are short sold. Based on an average trading volume of 162,200 shares, the short-interest ratio is presently 0.1 days.

Sompo Stock Performance

Shares of OTCMKTS:SMPNY opened at $16.29 on Monday. The business's 50-day simple moving average is $14.99 and its 200 day simple moving average is $15.14. The company has a market cap of $30.44 billion, a P/E ratio of 10.93 and a beta of 0.39. Sompo has a one year low of $10.30 and a one year high of $17.05.

Sompo (OTCMKTS:SMPNY - Get Free Report) last posted its quarterly earnings results on Thursday, August 14th. The company reported $0.44 EPS for the quarter. The business had revenue of $8.75 billion during the quarter. Sompo had a net margin of 8.14% and a return on equity of 14.81%. Analysts predict that Sompo will post 0.97 earnings per share for the current year.

About Sompo

Sompo Holdings, Inc provides property and casualty (P&C) insurance services in Japan and internationally. The company operates through Domestic P&C Insurance Business, Overseas Insurance Business, Domestic Life Insurance Business, and Nursing Care & Seniors Business segments. It offers various P&C insurance products, including automobile, fire, personal accident, and marine, as well as security, risk management, assistance, and warranty services; and life insurance products.

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