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

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 22,203 shares, a growth of 327.1% from the July 15th total of 5,199 shares. Based on an average trading volume of 223,309 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Sompo Trading Down 0.1%

Shares of OTCMKTS:SMPNY opened at $21.79 on Wednesday. The company has a 50-day moving average price of $20.36 and a 200-day moving average price of $19.24. The company has a market cap of $40.71 billion, a price-to-earnings ratio of 9.31 and a beta of 0.30. Sompo has a 12 month low of $14.41 and a 12 month high of $22.76.

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

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.