Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) Short Interest Update

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 146,378 shares, a growth of 73.6% from the April 30th total of 84,322 shares. Based on an average daily trading volume, of 234,140 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are sold short.

Sompo Trading Down 1.7%

SMPNY stock opened at $18.23 on Thursday. Sompo has a twelve month low of $13.93 and a twelve month high of $20.59. The company has a market capitalization of $34.06 billion, a P/E ratio of 7.79 and a beta of 0.32. The firm has a 50 day simple moving average of $18.69 and a 200-day simple moving average of $17.97.

Sompo (OTCMKTS:SMPNY) last released its quarterly earnings results on Wednesday, May 20th. The company reported $0.44 earnings per share for the quarter. Sompo had a net margin of 11.95% and a return on equity of 13.42%. The business had revenue of $8.84 billion during the quarter.

About Sompo

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.