Short Interest in Sompo Holdings, Inc. (OTCMKTS:SMPNY) Expands By 76.2%

Sompo Holdings, Inc. (OTCMKTS:SMPNYGet Free Report) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totalling 81,400 shares, a growth of 76.2% from the June 30th total of 46,200 shares. Based on an average trading volume of 129,400 shares, the short-interest ratio is currently 0.6 days.

Sompo Price Performance

Shares of OTCMKTS SMPNY traded up $0.31 during mid-day trading on Friday, reaching $10.63. 32,090 shares of the company traded hands, compared to its average volume of 45,185. The firm has a market cap of $21.06 billion, a PE ratio of 8.03 and a beta of 0.54. Sompo has a fifty-two week low of $6.70 and a fifty-two week high of $11.25. The stock has a fifty day simple moving average of $10.54 and a 200-day simple moving average of $10.58.

About Sompo

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Sompo Holdings, Inc provides property and casualty (P&C) insurance services in Japan and internationally. The company operates through Domestic P&C Insurance Business, Overseas Insurance Business, Domestic Life Insurance Business, and Nursing Care & Seniors Business segments. It offers various P&C insurance products, including automobile, fire, personal accident, and marine, as well as security, risk management, assistance, and warranty services; and life insurance products.

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