Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) Short Interest Down 67.0% in June

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 75,417 shares, a decline of 67.0% from the May 31st total of 228,598 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 381,681 shares, the days-to-cover ratio is presently 0.2 days.

Sompo Price Performance

Shares of Sompo stock opened at $19.07 on Friday. The stock’s 50-day moving average is $18.75 and its 200 day moving average is $18.37. Sompo has a one year low of $13.93 and a one year high of $20.59. The firm has a market cap of $35.63 billion, a price-to-earnings ratio of 8.15 and a beta of 0.31.

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