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

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY – Get Free Report) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 35,735 shares, an increase of 394.5% from the August 31st total of 7,227 shares. Based on an average daily volume of 170,617 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Sompo Price Performance

Shares of OTCMKTS:SMPNY opened at $21.32 on Friday. The firm has a fifty day moving average price of $21.67 and a two-hundred day moving average price of $19.92. Sompo has a one year low of $14.41 and a one year high of $23.41. The company has a market cap of $39.84 billion, a price-to-earnings ratio of 8.39 and a beta of 0.29.

Sompo (OTCMKTS:SMPNY – Get Free Report) last released its quarterly earnings results on Friday, August 14th. The company reported $0.64 earnings per share for the quarter. Sompo had a net margin of 12.35% and a return on equity of 13.69%. The firm had revenue of $10.15 billion for the quarter. Equities research analysts expect that Sompo will post 2.24 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Zacks Research upgraded Sompo to a “hold” rating in a research note on Thursday, September 10th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

Get Our Latest Analysis on Sompo

Sompo Company Profile

(Get Free Report)

Sompo Holdings, Inc is a Japanese insurance and financial services group whose principal businesses include domestic property and casualty insurance, overseas insurance, life insurance, and nursing care services. Through its operating companies, the group provides coverage for individuals, businesses, and public-sector organizations, including automobile, home, commercial, marine, and specialty insurance products.

The company also operates life insurance and elder-care businesses, and has expanded into digital services, risk management, and related solutions intended to support customers’ health, safety, and resilience.

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