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

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 5,199 shares, a decrease of 88.0% from the June 30th total of 43,373 shares. Based on an average trading volume of 566,536 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Sompo Price Performance

Shares of SMPNY stock opened at $21.66 on Friday. Sompo has a 1-year low of $14.38 and a 1-year high of $21.68. The company has a market cap of $40.47 billion, a price-to-earnings ratio of 9.26 and a beta of 0.32. The stock has a 50 day simple moving average of $19.52 and a 200-day simple moving average of $18.88.

Sompo (OTCMKTS:SMPNY) last released its earnings results on Wednesday, May 20th. The company reported $0.44 EPS for the quarter. Sompo had a net margin of 11.95% and a return on equity of 13.10%. The business had revenue of $8.84 billion during the quarter.

Sompo Company Profile

Sompo Holdings, Inc (OTCMKTS:SMPNY) is a Tokyo-based insurance holding company that provides a broad range of risk-transfer and risk-management products and services. The group’s core operations include property and casualty insurance for individuals and businesses, life insurance products, and related services such as claims handling, medical and nursing-care services, and assistance solutions. Sompo serves both retail and commercial customers with offerings that commonly include motor, homeowners, commercial property, liability, and specialty insurance lines.

In addition to its domestic Japanese business, Sompo has built a significant international footprint through subsidiaries and acquisitions, operating in regions including the Americas, Europe, Asia and Australia.