Short Interest in Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) Expands By 73.6%

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

Sompo Price Performance

Shares of SMPNY opened at $18.58 on Wednesday. The company’s fifty day moving average price is $18.68 and its 200-day moving average price is $17.92. Sompo has a 1-year low of $13.93 and a 1-year high of $20.59. The firm has a market capitalization of $34.72 billion, a PE ratio of 7.94 and a beta of 0.32.

Sompo (OTCMKTS:SMPNY) last issued its quarterly earnings results on Wednesday, May 20th. The company reported $0.44 EPS for the quarter. Sompo had a return on equity of 13.42% and a net margin of 11.95%.The company 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.