Sompo Holdings, Inc. (OTCMKTS:SMPNY) Sees Significant Drop in Short Interest

Sompo Holdings, Inc. (OTCMKTS:SMPNY) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 43,200 shares, a drop of 83.5% from the February 28th total of 262,200 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 297,200 shares, the days-to-cover ratio is presently 0.1 days.

Sompo Trading Down 1.1 %

Shares of Sompo stock traded down $0.18 during trading hours on Wednesday, hitting $15.56. The company’s stock had a trading volume of 54,791 shares, compared to its average volume of 122,540. The stock has a market cap of $30.82 billion, a price-to-earnings ratio of 11.80 and a beta of 0.62. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.11 and a current ratio of 0.12. Sompo has a twelve month low of $8.53 and a twelve month high of $16.42. The firm has a fifty day moving average of $14.54 and a 200-day moving average of $12.91.

Sompo (OTCMKTS:SMPNY) last posted its earnings results on Friday, February 14th. The company reported $0.41 EPS for the quarter. The company had revenue of $7.80 billion during the quarter. Research analysts forecast that Sompo will post 0.97 EPS for the current 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.