Short Interest in Sompo Holdings, Inc. (OTCMKTS:SMPNY) Declines By 83.5%

Sompo Holdings, Inc. (OTCMKTS:SMPNY) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 43,200 shares, a drop of 83.5% from the February 28th total of 262,200 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 297,200 shares, the days-to-cover ratio is currently 0.1 days.

Sompo Stock Performance

Shares of Sompo stock traded down $0.18 during trading hours on Thursday, reaching $15.56. The company’s stock had a trading volume of 54,791 shares, compared to its average volume of 122,540. The stock has a market cap of $30.82 billion, a P/E ratio of 11.80 and a beta of 0.62. The company’s 50 day simple moving average is $14.58 and its 200 day simple moving average is $12.93. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.11 and a current ratio of 0.12. Sompo has a one year low of $8.53 and a one year high of $16.42.

Sompo (OTCMKTS:SMPNY) last posted its quarterly earnings data on Friday, February 14th. The company reported $0.41 EPS for the quarter. The firm had revenue of $7.80 billion during the quarter. As a group, analysts expect that Sompo will post 0.97 EPS for the current fiscal 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.