MS&AD Insurance Group Holdings, Inc. (OTCMKTS:MSADY) Short Interest Up 226.9% in March

MS&AD Insurance Group Holdings, Inc. (OTCMKTS:MSADY) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 35,300 shares, a growth of 226.9% from the February 28th total of 10,800 shares. Based on an average daily volume of 111,600 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

MS&AD Insurance Group Stock Up 0.4 %

MSADY traded up $0.10 during trading hours on Thursday, reaching $23.08. 57,232 shares of the stock traded hands, compared to its average volume of 66,636. MS&AD Insurance Group has a fifty-two week low of $16.70 and a fifty-two week high of $24.74. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.26 and a quick ratio of 0.26. The company has a market cap of $37.12 billion, a price-to-earnings ratio of 15.48 and a beta of 0.48. The firm’s fifty day simple moving average is $21.34 and its two-hundred day simple moving average is $22.11.

MS&AD Insurance Group (OTCMKTS:MSADY) last announced its earnings results on Friday, February 14th. The insurance provider reported $0.57 earnings per share (EPS) for the quarter. The business had revenue of $11.70 billion for the quarter. As a group, analysts forecast that MS&AD Insurance Group will post 2.95 earnings per share for the current fiscal year.

About MS&AD Insurance Group

MS&AD Insurance Group Holdings, Inc, an insurance holding company, provides insurance and financial services worldwide. The company offers domestic non-life insurance; life insurance; international business; financial services; and provides risk-related services. The company was formerly known as Mitsui Sumitomo Insurance Group Holdings, Inc and changed its name to MS&AD Insurance Group Holdings, Inc in April 2010.