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

Key Points

• Sompo Holdings, Inc. saw a significant increase in short interest, rising by 347.4% to a total of 122,600 shares by September 30th, compared to 27,400 shares on September 15th.
• The company's stock is currently trading down by 2.7% at $15.28, with a market capitalization of $28.56 billion and a price-to-earnings ratio of 10.26.
• In its most recent quarter, Sompo reported an earnings per share (EPS) of $0.44, with expected EPS of $0.97 for the current fiscal year.

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY - Get Free Report) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 122,600 shares, a growth of 347.4% from the September 15th total of 27,400 shares. Based on an average daily trading volume, of 286,100 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 286,100 shares, the days-to-cover ratio is presently 0.4 days.

Sompo Trading Down 2.7%

OTCMKTS SMPNY opened at $15.28 on Friday. The firm's fifty day moving average price is $15.86 and its 200 day moving average price is $15.42. Sompo has a 12 month low of $10.30 and a 12 month high of $17.05. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.12 and a quick ratio of 0.12. The company has a market capitalization of $28.56 billion, a price-to-earnings ratio of 10.26 and a beta of 0.39.

Sompo (OTCMKTS:SMPNY - Get Free Report) last issued its quarterly earnings data on Thursday, August 14th. The company reported $0.44 earnings per share (EPS) for the quarter. Sompo had a return on equity of 13.04% and a net margin of 8.14%.The company had revenue of $8.75 billion for the quarter. On average, sell-side analysts expect that Sompo will post 0.97 earnings per share for the current fiscal 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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