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

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 43,373 shares, a decline of 42.5% from the June 15th total of 75,417 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 359,388 shares, the days-to-cover ratio is currently 0.1 days.

Sompo Trading Down 0.2%

Shares of SMPNY opened at $20.32 on Thursday. The firm’s fifty day simple moving average is $19.23 and its two-hundred day simple moving average is $18.69. Sompo has a 12 month low of $14.12 and a 12 month high of $21.67. The stock has a market capitalization of $37.97 billion, a P/E ratio of 8.68 and a beta of 0.32.

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