Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) Sees Large Decline in Short Interest

Key Points

• Sompo Holdings, Inc. saw a significant decrease in short interest, dropping by 49.7% to 27,400 shares as of September 15th.
• The company's stock opened at $15.16, with a current market cap of $28.33 billion and an earnings per share (EPS) of $0.44 reported in its last quarterly earnings.
• Sompo operates in various segments including property and casualty insurance, domestic life insurance, and nursing care, providing a wide range of insurance products.

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY - Get Free Report) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 27,400 shares, a decrease of 49.7% from the August 31st total of 54,500 shares. Based on an average trading volume of 171,700 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 171,700 shares, the short-interest ratio is presently 0.2 days.

Sompo Stock Performance

SMPNY stock opened at $15.16 on Friday. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.18. The firm has a market cap of $28.33 billion, a P/E ratio of 10.17 and a beta of 0.39. Sompo has a 12-month low of $10.30 and a 12-month high of $17.05. The stock's 50 day simple moving average is $15.78 and its 200 day simple moving average is $15.42.

Sompo (OTCMKTS:SMPNY - Get Free Report) last posted its quarterly earnings results on Thursday, August 14th. The company reported $0.44 earnings per share (EPS) for the quarter. The business had revenue of $8.75 billion for the quarter. Sompo had a return on equity of 13.04% and a net margin of 8.14%. As a group, equities research analysts predict that Sompo will post 0.97 EPS 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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