Sompo Holdings, Inc. (OTCMKTS:SMPNY) Sees Large Growth in Short Interest

Sompo Holdings, Inc. (OTCMKTS:SMPNY) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 32,200 shares, a growth of 69.5% from the October 15th total of 19,000 shares. Based on an average trading volume of 78,200 shares, the days-to-cover ratio is presently 0.4 days.

Sompo Trading Down 0.9 %

SMPNY stock traded down $0.10 during trading on Wednesday, hitting $11.15. The company had a trading volume of 54,053 shares, compared to its average volume of 51,920. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.23. Sompo has a one year low of $6.84 and a one year high of $12.09. The business has a 50-day moving average of $11.16 and a 200-day moving average of $10.79. The stock has a market cap of $22.09 billion, a PE ratio of 8.40 and a beta of 0.54.

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.