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) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 24,000 shares, adeclineof48.9% 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. Currently,0.0% of the shares of the company are sold short. Currently,0.0% of the shares of the company are sold short. Based on an average trading volume of 162,200 shares, the short-interest ratio is presently 0.1 days.

Sompo Stock Up 2.0%

Shares of OTCMKTS:SMPNY traded up $0.3199 during trading on Friday, hitting $16.1099. 31,207 shares of the stock traded hands, compared to its average volume of 100,874. The company has a market cap of $30.10 billion, a price-to-earnings ratio of 10.81 and a beta of 0.39. The company has a fifty day moving average price of $15.10 and a two-hundred day moving average price of $15.20. Sompo has a 52-week low of $10.30 and a 52-week high of $17.0499.

Sompo (OTCMKTS:SMPNY - Get Free Report) last posted its earnings results on Thursday, August 14th. The company reported $0.44 earnings per share for the quarter. The firm 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%. On average, equities research analysts predict that Sompo will post 0.97 EPS for the current fiscal year.

Sompo Company Profile

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.