Sompo Holdings, Inc. (OTCMKTS:SMPNY) Sees Significant Drop in Short Interest

Sompo Holdings, Inc. (OTCMKTS:SMPNY) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 80,200 shares, a decline of 32.2% from the January 31st total of 118,300 shares. Based on an average daily volume of 135,800 shares, the days-to-cover ratio is presently 0.6 days.

Sompo Trading Up 0.3 %

OTCMKTS:SMPNY traded up $0.04 during trading hours on Tuesday, reaching $14.99. 111,820 shares of the stock were exchanged, compared to its average volume of 127,448. Sompo has a twelve month low of $8.53 and a twelve month high of $15.67. The business has a 50-day moving average of $13.74 and a two-hundred day moving average of $12.47. The company has a market capitalization of $29.69 billion, a price-to-earnings ratio of 10.90 and a beta of 0.59. The company has a quick ratio of 0.11, a current ratio of 0.12 and a debt-to-equity ratio of 0.23.

Sompo (OTCMKTS:SMPNY) last posted its earnings results on Friday, February 14th. The company reported $0.41 earnings per share (EPS) for the quarter. The firm had revenue of $7.80 billion for the quarter. On average, equities analysts predict that Sompo will post 0.97 EPS for the current year.

About Sompo

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.