MS&AD Insurance Group Holdings, Inc. (OTCMKTS:MSADY) Sees Large Growth in Short Interest

MS&AD Insurance Group Holdings, Inc. (OTCMKTS:MSADY) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 21,700 shares, an increase of 178.2% from the March 31st total of 7,800 shares. Based on an average daily volume of 118,900 shares, the short-interest ratio is presently 0.2 days.

MS&AD Insurance Group Price Performance

Shares of OTCMKTS MSADY traded up $0.26 during midday trading on Friday, reaching $17.95. 35,195 shares of the stock were exchanged, compared to its average volume of 121,387. The company has a market capitalization of $28.87 billion, a price-to-earnings ratio of 11.36 and a beta of 0.44. The business has a 50-day simple moving average of $17.34 and a two-hundred day simple moving average of $14.46. MS&AD Insurance Group has a 12 month low of $10.64 and a 12 month high of $20.06.

MS&AD Insurance Group (OTCMKTS:MSADY) last posted its earnings results on Wednesday, February 14th. The insurance provider reported $0.83 earnings per share (EPS) for the quarter. MS&AD Insurance Group had a return on equity of 9.47% and a net margin of 5.71%. The business had revenue of $8.93 billion during the quarter. Equities research analysts expect that MS&AD Insurance Group will post 1.19 earnings per share for the current fiscal year.

About MS&AD Insurance Group

MS&AD Insurance Group Holdings, Inc, an insurance holding company, provides insurance and financial services worldwide. The company offers domestic non-life insurance; life insurance; international business; financial services; and provides risk-related services. The company was formerly known as Mitsui Sumitomo Insurance Group Holdings, Inc and changed its name to MS&AD Insurance Group Holdings, Inc in April 2010.