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

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 75,417 shares, a drop of 67.0% from the May 31st total of 228,598 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 381,681 shares, the days-to-cover ratio is presently 0.2 days.

Sompo Stock Performance

Shares of OTCMKTS:SMPNY traded up $0.16 during trading on Monday, reaching $19.23. The stock had a trading volume of 19,198 shares, compared to its average volume of 147,395. Sompo has a 1-year low of $13.93 and a 1-year high of $20.59. The stock has a market cap of $35.93 billion, a PE ratio of 8.22 and a beta of 0.32. The business has a fifty day moving average price of $18.75 and a 200-day moving average price of $18.38.

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

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.