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

Sompo Holdings, Inc. (OTCMKTS:SMPNYGet Free Report) was the target of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 2,700 shares, a drop of 75.5% from the January 31st total of 11,000 shares. Based on an average daily volume of 21,500 shares, the short-interest ratio is currently 0.1 days.

Sompo Trading Up 2.7 %

SMPNY traded up $0.79 during trading on Wednesday, hitting $29.64. 5,745 shares of the stock were exchanged, compared to its average volume of 9,917. The firm has a 50 day simple moving average of $26.14 and a 200 day simple moving average of $23.56. The firm has a market cap of $19.57 billion, a price-to-earnings ratio of 7.47 and a beta of 0.48. Sompo has a 1 year low of $19.52 and a 1 year high of $30.35. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.15 and a current ratio of 0.14.

Sompo (OTCMKTS:SMPNYGet Free Report) last posted its quarterly earnings data on Wednesday, February 14th. The company reported $1.98 earnings per share for the quarter. Sompo had a return on equity of 16.97% and a net margin of 7.82%. The firm had revenue of $8.05 billion during the quarter.

About Sompo

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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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