Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) Short Interest Update

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 7,227 shares, a decrease of 61.1% from the August 15th total of 18,601 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 119,257 shares, the short-interest ratio is presently 0.1 days.

Sompo Stock Performance

OTCMKTS:SMPNY traded up $0.84 during trading hours on Friday, hitting $22.16. The company’s stock had a trading volume of 75,624 shares, compared to its average volume of 75,709. The company has a market capitalization of $41.41 billion, a PE ratio of 8.72 and a beta of 0.29. Sompo has a 52-week low of $14.41 and a 52-week high of $23.41. The business’s 50-day moving average is $21.39 and its two-hundred day moving average is $19.73.

Sompo (OTCMKTS:SMPNY) last posted its quarterly earnings results on Friday, August 14th. The company reported $0.64 earnings per share for the quarter. The business had revenue of $10.15 billion for the quarter. Sompo had a net margin of 12.35% and a return on equity of 13.69%. As a group, analysts predict that Sompo will post 2.24 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Sompo to a “hold” rating in a research note on Thursday. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

About Sompo

Sompo Holdings, Inc is a Japanese insurance and financial services group whose principal businesses include domestic property and casualty insurance, overseas insurance, life insurance, and nursing care services. Through its operating companies, the group provides coverage for individuals, businesses, and public-sector organizations, including automobile, home, commercial, marine, and specialty insurance products.

The company also operates life insurance and elder-care businesses, and has expanded into digital services, risk management, and related solutions intended to support customers’ health, safety, and resilience.