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

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY – Get Free Report) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 62,629 shares, a growth of 1,947.4% from the October 15th total of 3,059 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 123,252 shares, the short-interest ratio is presently 0.5 days.

Sompo Stock Down 0.7%

Shares of SMPNY stock traded down $0.16 on Tuesday, reaching $22.38. The company’s stock had a trading volume of 93,277 shares, compared to its average volume of 219,942. The company has a market capitalization of $41.82 billion, a P/E ratio of 8.87 and a beta of 0.30. Sompo has a 12-month low of $14.55 and a 12-month high of $23.44. The stock’s 50 day simple moving average is $21.76 and its 200-day simple moving average is $20.03.

Sompo (OTCMKTS:SMPNY – Get Free Report) last posted its earnings results on Friday, August 14th. The company reported $0.64 EPS for the quarter. The business had revenue of $10.15 billion during the quarter. Sompo had a return on equity of 13.62% and a net margin of 12.35%. Research analysts expect that Sompo will post 2.24 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Sompo to a “hold” rating in a research report on Thursday, September 10th. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

View Our Latest Report on SMPNY

Sompo Company Profile

(Get Free Report)

Sompo Holdings, Inc. is a Japan-based insurance and financial services group. Its main businesses include property and casualty insurance, life insurance, and nursing care services, serving individuals, businesses, and institutional customers. The group’s insurance operations include Sompo Japan Insurance, which offers coverage such as automobile, fire, and other commercial and personal insurance, and Sompo Himawari Life Insurance, which provides life and health-related products. Sompo also operates nursing care and senior-care services through Sompo Care.

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